Stockwinners Market Radar for August 26, 2020 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

FN

Hot Stocks

20:32 EDT Fabrinet CEO sells 30.5K shares of common stock - In a regulatory filing, Fabrinet disclosed that its CEO Seamus Grady sold 30.5K shares of common stock on August 26th in a total transaction size of $2.17M.
BILI

Hot Stocks

19:30 EDT Bilibili falls over 6% tp $45.60 per share after Q2 results, Q3 guidance
CLVS

Hot Stocks

19:29 EDT Clovis announces FDA approves FoundationOne Liquid CDx biopsy test - Clovis Oncology announced that the FDA approved the FoundationOne Liquid CDx, Foundation Medicine's comprehensive liquid biopsy test for all solid tumors with multiple companion diagnostic indications, including for Rubraca tablets, recently approved for the treatment of adult patients with a deleterious BRCA mutation-associated metastatic castration-resistant prostate cancer who have been treated with androgen receptor-directed therapy and a taxane-based chemotherapy. FoundationOne Liquid CDx is intended for use by health care professionals to help inform cancer treatment decisions in accordance with FDA-approved labeling and professional guidelines for patients with solid tumors. FoundationOne Liquid CDx is intended to be used as a companion diagnostic to identify patients who may benefit from treatment with specific FDA-approved targeted therapies, including Rubraca, the first PARP inhibitor approved for the treatment of BRCA1/2-mutant mCRPC.
BCO

Hot Stocks

19:11 EDT Brink's announces $50M acclerated share repurchase - The Brink's Company announced that it has entered into an accelerated share repurchase agreement with J.P. Morgan Chase Bank, N.A, to repurchase $50M of the company's common stock. Brink's will execute the ASR under the $250M share repurchase authorization announced on February 6, 2020, which had been temporarily suspended due to uncertainties associated with the Covid-19 pandemic.
ABT

Hot Stocks

18:54 EDT Abbott up over 4% at $107.80 after getting EUA from FDA for rapid COVID test
ABT

Hot Stocks

18:52 EDT Abbott's $5 15-minute COVID-19 antigen test gets FDA EUA - The company states: "Abbott announced that the FDA has issued Emergency Use Authorization, or EUA, for its BinaxNOW COVID-19 Ag Card rapid test for detection of COVID-19 infection. Abbott will sell this test for $5. It is highly portable, affordable and provides results in 15 minutes. BinaxNOW uses proven Abbott lateral flow technology, making it a reliable and familiar format for frequent mass testing through their healthcare provider. With no equipment required, the device will be an important tool to manage risk by quickly identifying infectious people so they don't spread the disease to others. Abbott will also launch a complementary mobile app for iPhone and Android devices named NAVICA. This first-of-its-kind app, available at no charge, will allow people who test negative to display a temporary digital health pass that is renewed each time a person is tested through their healthcare provider together with the date of the test result. Organizations will be able to view and verify the information on a mobile device to facilitate entry into facilities along with hand-washing, social distancing, enhanced cleaning and mask-wearing. In data submitted to the FDA from a clinical study conducted by Abbott with several leading U.S. research universities, the BinaxNOW COVID-19 Ag Card demonstrated sensitivity of 97.1% and specificity of 98.5% in patients suspected of COVID-19 by their healthcare provider within the first seven days of symptom onset."
MMM

Hot Stocks

18:35 EDT 3M CEO: We have momentum right now - In an interview on CNBC's Mad Money, Mike Roman said sales increased in July and into August with broad improvement in end markets. The company is seeing continued strong demand in PPE and home improvement, Roman noted. 3M is ramping up N95 mask production to meet demand from front line medical staff. "Auto is a very important business for us and we saw sequential improvement in July," he said.
AMZN

Hot Stocks

18:16 EDT Amazon.com director sells 750 shares of common stock - Amazon.com CEO of Worldwide Consumer business, Jeffrey Wilke, sold 750 shares of common stock on August 24th in a transaction size of $2.5M.
DIOD

Hot Stocks

18:14 EDT Diodes CEO sells 17.1K shares of common stock - In a regulatory filing, Diodes disclosed that its CEO Keh Shew Lu sold 17.1K shares of common stock on August 24th in a total transaction size of $868K.
DL

Hot Stocks

18:04 EDT China Distance Education CEO says Q3 revenue was within guidance range - hengdong Zhu, CEO of CDEL, said, "In the third quarter of fiscal 2020, we reported net revenue of $50.7 million, within our guidance range. During the onset of the COVID-19 pandemic, in order to support our students across China with high-quality online professional education at a time when offline classes were suspended, we provided free online courses to students in Hubei province and significant discounts for certain online exam preparation courses to students outside Hubei. Our socially responsive actions resulted in a surge in enrollment in our second fiscal quarter as previously disclosed, effectively pulling forward the demand for our courses and thus dampening enrollment and cash receipts growth in our third fiscal quarter. We believe in the long-term growth prospects of online professional education in China, and expect online education will continue to transform how knowledge is delivered and how students learn. We remain committed to serving students with our high-quality courseware and compelling online educational solutions during this challenging time. We are confident that our comprehensive lifelong learning ecosystem will enable us to reach a broad and growing student audience, and extend convenience, flexibility and engagement to their learning experience."
CE

Hot Stocks

18:01 EDT Celanese announces acetyl intermediates, acetone derivatives price increases - Celanese will increase list and off-list selling prices for a number of acetyl intermediates and acetone derivatives products. The price increases are for orders shipped and will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases.
BWA

Hot Stocks

17:57 EDT BorgWarner falls almost 2% after SEC settles charges against company - Shares of BorgWarner are down 72c per share, or 1.73% in after-hours trading to $40.81 per share after the SEC news release. BorgWarner shares ended the regular session at $41.53 per share up 1.30% on the day.
BWA

Hot Stocks

17:48 EDT SEC charges BorgWarner for materially misstating financial statements - The Securities and Exchange Commission announced settled charges against BorgWarner., a motor vehicle parts manufacturer headquartered in Auburn Hills, Michigan, for materially misstating its financial statements by failing to account for certain asbestos liabilities. The SEC's order finds that from 2012 to 2016, BorgWarner failed to report over $700M in liabilities associated with future asbestos claims. According to the SEC's order, BorgWarner did not conduct any substantive quantitative analysis to estimate these asbestos claims, despite possessing nearly 40 years of historical raw claims data. According to the order, BorgWarner erroneously relied on untested assumptions in concluding that it could not estimate its liabilities for these claims, including, for instance, that its products were unique among asbestos defendants and that industry benchmarks were inapplicable for purposes of calculating an estimate. The SEC order finds that as a result of this accounting error, BorgWarner's financial statements were materially misstated. As set forth in the SEC's order, in early 2017, BorgWarner reported a charge for these claims and, in 2018, BorgWarner restated its financial statements to report the charges in the appropriate periods dating back to 2012, aggregating $703.6 million related to the asbestos claims. BorgWarner also disclosed that its internal controls over financial reporting were ineffective. Reference Link
CRM FB

Hot Stocks

17:46 EDT Salesforce CEO says to keep open mind about future of work - In a Bloomberg interview, CEO Benioff says has not made a decision about work from home policy as he has not been through a pandemic before. Says pandemic causes you as CEO to reassess every part of your business. Says Facebook (FB) is addictive and needs to be regulated by the government.
AMC

Hot Stocks

17:26 EDT AMC Entertainment up 1.9% at $5.69/share after announcing additional reopenings
GRUB

Hot Stocks

17:25 EDT GrubHub CEO sells 4.9K shares of common stock - In a regulatory filing, GrubHub disclosed that its CEO Matthew Maloney sold 4,886 shares of common stock on August 24th in a total transaction size of $376.4K.
AMC

Hot Stocks

17:22 EDT AMC Entertainment to reopen additional 170 locations on August 27th - The company states: "After a successful reopening at more than 100 locations nationwide, AMC Theatres is preparing to reopen its second wave of theatres, with 170 additional AMC locations set to open beginning Thursday, Aug. 27, ahead of the release of THE NEW MUTANTS. After the second wave of theatres reopens, AMC will have nearly 300 open locations nationwide. This second wave of reopenings is part of a phased plan to reopen AMC in the United States. AMC currently expects to open approximately two thirds of its more than 600 U.S. theatre locations in time for the September 3 release of Warner Brothers' TENET. The remainder of AMC's U.S. theatres will open only after authorized to do so by state and local officials."
KW

Hot Stocks

17:15 EDT Kennedy Wilson CEO acquires 75,000 common shares - In a regulatory filing, Kennedy-Wilson CEO William J. McMorrow disclosed the acquisition of 75,000 common shares of the company on August 26 at a price of $14.07 per share.
ICE

Hot Stocks

17:11 EDT IntercontinentalExchange CFO sells 39.8K shares of common stock - IntercontinentalExchange disclosed that its CFO Scott Hill sold 39.8K shares of common stock on August 24th in a total transaction size of $4.2M.
GV

Hot Stocks

17:09 EDT Goldfield Corp announces passing of Chairman and CEO John Sottile - The Goldfield Corporation announced with great sadness the passing today of its Chairman and CEO John Sottile. The company's Board of Directors and management, on behalf of all employees and stockholders, mourn the passing of Sottile and express our deepest condolences to the Sottile family. Sottile joined the company in 1971. He managed two of the company's principal subsidiaries, Tropicana Pools and Harlan Fuel Company, before becoming President and CEO of the company in 1983 and Chairman of the Board in 1998.
ANGI

Hot Stocks

17:09 EDT Angi Homeservices CEO sells 1.23M shares, COO sells 790K shares of common stock - Angi Homeservices disclosed that its CEO William Ridenour sold 1.23M shares of common stock in a transaction size of $17.5M, COO Craig Smith sold 790K shares in a transaction size of $11.25M.
ALSN

Hot Stocks

17:08 EDT Allison Transmission's electric hybrid propulsion selected by IndyGo - Allison Transmission will supply IndyGo, the Indianapolis Transportation Corporation, its next generation electric hybrid propulsion solutions for transit buses as part of a 27-unit bus procurement. The Allison H 40 EP will be paired with the Cummins B6.7 in 24 of the 27 Gillig buses. In addition, Allison's new electric hybrid propulsion system, eGen Flex, will be integrated into three of IndyGo's new buses. The eGen Flex Max specified by IndyGo will enable pure electric operation for up to 10 miles on any route, at any time, without capital infrastructure investment in charging stations.
SIX

Hot Stocks

17:03 EDT Six Flags moves higher after credit facility amendment - Six Flags Entertainment is up 1% or 20c to $20.70 per share in after-hours trading after the theme park operator announced that it has amended its credit facility to further extend the covenant waiver period by one year, from the fourth quarter of 2020 to the fourth quarter of 2021, and to extend the covenant modification period by one year through the fourth quarter of 2022. In addition, all of the company's incremental revolving credit lenders agreed to extend the incremental $131M revolving commitments by one year. "The operational actions we have taken to respond to the COVID-19 crisis, coupled with the one-year extension of both our covenant waiver period and the incremental revolving credit facility commitments, provide us with significant flexibility and financial strength as we manage through the pandemic-related disruption," said Mike Spanos, President and CEO. "We remain focused on safely reopening more of our parks, profitably growing our base business, and reducing our net leverage ratio."
HTH

Hot Stocks

17:01 EDT Hilltop Holdings names Clare Graca as Chief Administrative Officer - Hilltop Securities announced the addition of Clare Graca as Chief Administrative Officer and Manal Keen as Senior Vice President of Finance and Strategy for Wealth Management.
REN KXIN

Hot Stocks

17:01 EDT Renren announces initiation of legal proceedings by Kaixin - Renren Inc. (RENN), which operates a premium used auto business in China through its subsidiary Kaixin Auto Holdings (KXIN) as well as several U.S.-based SaaS businesses, announced that Kaixin had recently initiated legal proceedings against non-controlling shareholders of three of its dealerships due to disputes over operating issues. These three dealerships accounted for a majority of Kaixin's revenues in 2019. In addition, the COVID-19 pandemic has a material adverse impact on Kaixin's used-car dealership business and Kaixin has experienced a significant loss of revenues. To resolve these serious challenges to its operations, Kaixin has been reexamining the business model and has decided to put a halt to its used-car dealership business operations. As a result, Kaixin expects that its revenues in the second quarter in 2020 will be significantly lower than the revenues in the prior periods and it may not have meaningful revenues starting from the third quarter of 2020.
ROL

Hot Stocks

16:46 EDT Rollins names Gary Rollins as board Chair - The Rollins board announced appointments to further strengthen the company's Executive Leadership. Gary W. Rollins has been elevated by the company's Board of Directors to the Rollins Board Chairmanship. John Wilson, currently Rollins President and COO, will be promoted to the company's Vice Chairman. Jerry Gahlhoff will be promoted to President/COO of Rollins.
GEF

Hot Stocks

16:39 EDT Greif CEO says Q3 dragged down by soft industrial conditions - CEO Pete Watson says: "Our global Greif team executed well during the fiscal third quarter in the face of a challenging operating environment. Financial results were weaker as expected, dragged down by soft industrial conditions around much of our global portfolio and by a significant price/cost squeeze in our paper business. Despite these external challenges to profit, we generated free cash flow essentially flat to the prior year and paid down debt through stronger operating discipline and better working capital performance. Given our strong execution driving cost reduction and operating efficiencies, combined with increased near term visibility of the COVID-19 pandemic volume impacts to the remainder of the fiscal year, we are reintroducing financial guidance ranges."
KRC

Hot Stocks

16:34 EDT Kilroy Realty raises quarterly dividend 3.1% to 50c per share - Kilroy Realty Corporation announced that its board of directors declared a regular quarterly cash dividend of 50c per common share payable on October 14, 2020 to stockholders of record on September 30, 2020. The dividend is equivalent to an annual rate of $2.00 per share and is a 3.1% increase from the previous annualized dividend level of $1.94 per share.
GPRE

Hot Stocks

16:33 EDT Green Plains granted motion to be dismissed from Marquis ProCap Systems suit - Green Plains announced the U.S. District Court for the Central District of Illinois granted Green Plains' motion to dismiss the company from the suit filed in January by Marquis ProCap Systems. The company said, "Green Plains presented unrebutted evidence with Marquis offering little by the way of evidence to rebut Green Plains' position."
AB

Hot Stocks

16:32 EDT AllianceBernstein names Ali Dibadj as new CFO effective February of 2021 - AllianceBernstein announced that Ali Dibadj, in addition to his current role as Head of Strategy at AB, will assume the title of CFO. This change will take effect February 2021. Mr. Dibadj joined AB in 2006 as a senior research analyst for Bernstein Research. In 2019, he co-led AB's Strategy Committee to help senior management chart the strategic vision and course of action for the firm. Mr. Dibadj was appointed Head of Finance and Strategy in March 2020.
IGT

Hot Stocks

16:31 EDT International Game expands PlaySports offering with formation of Trading Team - International Game Technology PLC announced that it has expanded its PlaySports offering for the U.S. sports betting market with the formation of its own full-service Trading Team based in Las Vegas, Nevada. The diverse and talented team adds another dimension of service to the most widely deployed B2B sports betting solution in the U.S. market and further cements IGT's market leadership. "IGT's in-house, U.S.-based Trading Team enhances the appeal of the entire PlaySports offering and enables us to deliver an 'all-in-one' solution for operators seeking a single sports betting service provider," said Enrico Drago, IGT PlayDigital Senior Vice President. "IGT PlaySports' pure B2B focus, the Trading Team's in-depth knowledge of regional and local betting preferences and trends, and the Company's favorable regulatory standings in tribal and state-governed jurisdictions across the U.S. continue to create opportunities for our customers and drive our nationwide sports betting leadership."
CCL

Hot Stocks

16:30 EDT Princess Cruises extends pause of operations in Australia through December 12 - Due to the continued progression of COVID-19 and related decisions of various governments, health authorities, and airlines regarding travel restrictions, Princess Cruises is extending its pause in cruise operations in Australia through December 12, 2020 which includes cruises throughout Australia and New Zealand. Guests who have paid in full on these cancelled voyages will receive a refundable Future Cruise Credit (FCC) equivalent to 100% of the cruise fare paid plus an additional non-refundable bonus FCC equal to 25% of the cruise fare paid. To receive the above FCCs, no action is required by the guest or their travel advisor.
NTAP

Hot Stocks

16:30 EDT NetApp jumps 12% to $47.40 after Q1 results beat estimates
WSM

Hot Stocks

16:27 EDT Williams-Sonoma backs long-term revenue guidance of up mid-high single digits - Sees "operating margin expansion" vs. prior forecast of "operating Income growth in line with revenue growth, driving Operating Margin stability".
IT

Hot Stocks

16:27 EDT Gartner Chairman James Smith sells almost $2M in company shares - Gartner Chairman James Smith disclosed in a filing that he had sold 13,625 shares of company stock at $133.24 per share on August 25 for a total transaction value of $1,815,395.
WSM

Hot Stocks

16:20 EDT Williams-Sonoma falls over 11% to $87.98 per share after Q2 earnings
SMTC AMZN

Hot Stocks

16:19 EDT Semtech CEO says underlying fundamentals behind core growth engines are strong - Mohan Maheswaran, Semtech's CEO, stated, "Q2 net sales increased 8% sequentially led by record quarterly results from our Signal Integrity products group driven by strong growth from the Hyperscale data center and 5G wireless base station markets. Net sales of our LoRa technology platform were also a record as LoRa continues to achieve significant milestones including reaching the 1 million gateways deployed milestone. Our recent announcement with Amazon Web Services and TensorIoT to enable LoRaWAN to connect straight into the Amazon Cloud also represents another major milestone for LoRa. Despite the ongoing uncertainty from COVID-19 and the ongoing geopolitical issues, the underlying fundamentals behind our core growth engines in the Infrastructure and IoT markets remain strong and we expect to continue to outperform."
RIOT

Hot Stocks

16:18 EDT Riot Blockchain purchases 5,100 next generation Bitmain S19 Pro Antminers - Riot Blockchain continues its commitment to bitcoin mining with the new purchase of 5,100 next generation Bitmain S19 Pro Antminers for $11.2M from BitmainTech PTE. LTD., scheduled for receipt and deployment starting in February 2021. In line with Riot's goal of miner expansion, and together with Bitmain's increased production capacity during early 2021, this purchase and the recently disclosed order of 8,000 S19 Pros, results in 13,100 miners scheduled to be received and deployed in the first half of 2021. As a result of this order size, the company was able to secure advantageous pricing per unit on both this order and the recent order of 8,000 S19 Pro miners. The additional volume discount provided by Bitmain reduced the previously announced purchase price for the 8,000 S19 Pros from $17.7M to $17.5M. As far as the company is aware, no other publicly traded bitcoin mining company has disclosed a hashing capacity exceeding 2 EH/s. Riot anticipates that based upon current factors, Riot would achieve positive cash flow in late 2020 when the Company's total hashing capacity is expected to reach 566 PH/s. With the full deployment of these 13,100 S19 Pros, Riot is expected to more than triple that hash rate capacity by the end of June 2021.
PED PER

Hot Stocks

16:14 EDT PEDEVCO sends letter indicating interest in acquiring SandRidge Permian - PEDEVCO Corp. (PED) delivered an open letter to Bank of New York Mellon Trust, as trustee of the SandRidge Permian Trust (PER), the common unit holders of the Trust and Avalon Energy as a holder of trust common units and the operator of the assets underlying the Trust, regarding PEDEVCO's previously delivered letter indicating its interest regarding a potential acquisition of all the common units of the trust, its underlying assets and operatorship thereof. PEDEVCO said, "As described in the letter, PEDEVCO believes that the Trust is likely to be delisted from the New York Stock Exchange and be dissolved with its assets liquidated in less than a year, and PEDEVCO believes that the best way for current holders of Trust Units to have a chance of salvaging, retaining and growing their investment is through the trustee of the Trust and Avalon engaging in meaningful discussions with PEDEVCO in contemplation of the potential acquisition of the Trust, its underlying assets, and their operatorship by PEDEVCO through the issuance of PEDEVCO common stock as consideration for Trust Units. PEDEVCO believes a potential transaction could result in holders of Trust Units gaining ownership in a larger underlying asset base as well as potential for future price appreciation. PEDEVCO believes it represents a stable business partner with a strong balance sheet and familiarity with the Trust's underlying assets."
GRWG

Hot Stocks

16:10 EDT GrowGeneration rallies 7% to $15 after Stifel puts $22 target on shares
SPLK

Hot Stocks

16:09 EDT Splunk falls 3.5% to $209 per share after Q2 earnings, Q3 guidance
BOX

Hot Stocks

16:08 EDT Box surges 14% to $22 per share after Q2 results
MYL SNY

Hot Stocks

15:16 EDT FDA works to mitigate rifampin, rifapentine shortages as makers find impurities - The FDA announces that it has recently became aware of nitrosamine impurities in certain samples of rifampin and rifapentine. These are antibacterial drugs used to treat tuberculosis; rifampin is also used to treat other serious infections. Patients taking rifampin or rifapentine should continue taking their current medicine and consult with their health care professional about any concerns, the FDA stated. To mitigate or avoid shortages and to help ensure patients have access to these necessary medicines, FDA will not object to certain manufacturers temporarily distributing rifampin containing 1-methyl-4-nitrosopiperazine or rifapentine containing 1-cyclopentyl-4-nitrosopiperazine above the acceptable intake limits until they can reduce or eliminate the impurities, the FDA said. The FDA and manufacturers are investigating the origin of these impurities in rifampin and rifapentine, and the agency is developing testing methods for regulators and industry to detect MNP and CPNP in these medicines, the agency noted. Reference Link
WMT

Hot Stocks

15:05 EDT Walmart slashes 230M tons of emissions since 2017 - In a blog post, Walmart said that, with the help of its suppliers, it has cut 230M metric tons of cumulative emissions since its Project Gigaton program began in 2017. Gigaton is the company's global effort to avoid 1B metric tons of emissions by 2030. "More then 2,300 suppliers have signed on to Project Gigaton," the company said. "Suppliers reported 136 million metric tons (MMT) of avoided emissions, which brings us to 230 MMT of cumulative avoided emissions since the program began in 2017." Reference Link
AGEN

Hot Stocks

14:48 EDT Agenus announces ESMO oral presentation of two clinical trials of balstilimab - Agenus announced that data from two Phase 2 trials of balstilimab alone and in combination with zalifrelimab will be presented in an oral presentation at the upcoming European Society of Medical Oncology, or ESMO, Conference on September 18. "Agenus remains on track to initiate rolling BLA submission for balstilimab monotherapy this quarter. Agenus also plans to have a completed data packet supporting BLA submission of balstilimab in combination with zalifrelimab by the end of this year," the company stated in its press release announcing the ESMO presentation plans.
ATVI

Hot Stocks

14:06 EDT Activision's 'Call of Duty: Black Ops Cold War' out November 13, 2020 - According to a listing on Activision Blizzard's Battle.net marketplace, "Call of Duty: Black Ops Cold War will come out on November 13, 2020. Reference Link
STOK

Hot Stocks

14:03 EDT Stoke Therapeutics reports publication of STK-001 preclinical data - Stoke Therapeutics announced the publication of preclinical data from studies of STK-001 that demonstrated significant improvements in survival and reductions in seizure frequency in a mouse model of Dravet syndrome. Data published today in the journal Science Translational Medicine also showed that STK-001 achieved target engagement, pharmacologic activity and efficacy by selectively increasing Scn1a gene and Nav1.1 protein expression. STK-001 is an antisense oligonucleotide that was created using Stoke's proprietary Targeted Augmentation of Nuclear Gene Output approach. The company announced on August 10, 2020 that the first patient was dosed in Part A of its Phase 1/2a study of STK-001. "These preclinical studies are foundational to our understanding of STK-001 and belief in its potential to be the first disease-modifying treatment for Dravet syndrome by precisely targeting the SCN1A gene to increase protein production," said Gene Liau, Ph.D., Executive Vice President, Head of Research and Preclinical Development at Stoke Therapeutics and senior Stoke author on the paper. "We recently advanced STK-001 into the clinic with the dosing of the first patient in Part A of our Phase 1/2a MONARCH study and we look forward to learning more about the translatability of our preclinical findings to the human experience."
AAPL...

Hot Stocks

14:02 EDT Epic says new 'Fortnite' update will not release on iOS, macOS on August 27 - In an update on its #FreeFortnite page on its official website, Epic Games said that Apple (AAPL) is blocking Fortnite updates and new installs on the App Store, and has said they will terminate Epic's ability to develop "Fortnite" for Apple devices. As a result, Fortnite's newly released Chapter 2 - Season 4 update (v14.00), will not release on iOS and macOS on August 27, Epic said. Investors in Epic include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony (SNE). The Verge's Jay Peters noted that the move effectively splits "Fortnite" into two different games. Reference Link
GSK

Hot Stocks

13:08 EDT GlaxoSmithKline announces European marketing authorization for Blenrep - GlaxoSmithKline announced the European Commission has granted conditional marketing authorization for Blenrep as monotherapy for the treatment of multiple myeloma in adult patients who have received at least four prior therapies and whose disease is refractory to at least one proteasome inhibitor, one immunomodulatory agent, and an anti-CD38 monoclonal antibody, and who have demonstrated disease progression on the last therapy. Blenrep is a first-in-class humanised anti-BCMA treatment for these patients whose disease has progressed despite the current standard of care, the company said in a statement. Earlier this month, the Food and Drug Administration approved Blenrep as a monotherapy treatment for adult patients with relapsed or refractory multiple myeloma who have received at least four prior therapies including an anti-CD38 monoclonal antibody, a proteasome inhibitor and an immunomodulatory agent.
BLL BAH

Hot Stocks

13:03 EDT Ball Aerospace selected for Space RCO Tactical GC3 contract - Ball Aerospace (BLL), teamed with Booz Allen Hamilton (BAH), was awarded a contract by the Space Rapid Capabilities Office to serve as the prime system integrator for the SpRCO Ground Command, Control and Communications system. GC3 will integrate into and help enable the larger tactical command and control enterprise for the United States Space Force. The program will develop and deliver updated and enhanced satellite operations capabilities that enable continuous modernization by maximizing automation, flexibility and commonality.
AAPL SSNLF

Hot Stocks

12:44 EDT Epic confirms it will not release upcoming Fortnite season on Apple iOS - Epic confirms it will not be releasing its upcoming Fortnite season, Chapter 2: Season 4, for iOS or macOS. The game maker said in an August 26 posting to its blog #FreeFortnite: "Apple (AAPL) is blocking Fortnite updates and new installs on the App Store, and has said they will terminate our ability to develop Fortnite for Apple devices. As a result, Fortnite's newly released Chapter 2 - Season 4 update, v14.00, will not release on iOS and macOS on August 27. If you still want to play Fortnite on Android, you can access the latest version of Fortnite from the Epic Games App for Android on Fortnite.com/Android or the Samsung (SSNLF) Galaxy Store." Reference Link
MYT

Hot Stocks

12:36 EDT Urban Tea clarifies effectiveness date for 1 for 10 reverse share split - Urban Tea clarified its press release dated August 25, 2020. On August 25, 2020, the company had announced that a 1 for 10 reverse split of its ordinary shares is expected to become effective on or around August 26, 2020. The company would like to clarify that the Reverse Split is expected to become effective on August 27, 2020. As previously announced, upon the effectiveness of the Reverse Split, Urban Tea shareholders will receive one new ordinary share of Urban Tea for every ten shares they hold. Urban Tea's ordinary shares is expected to begin trading on a split-adjusted basis when the market opens on August 27, 2020.
NLSN

Hot Stocks

12:33 EDT Nielsen names Scott Brown as head of audience measurement - Nielsen has appointed Scott Brown to the role of General Manager, Audience Measurement. In this new role, Brown will continue to innovate Nielsen's measurement products and ultimately drive the unification of linear TV, advanced TV and digital solutions, the company said in a statement. Under Brown, Nielsen is currently overhauling its digital measurement methodology to position the company to create a flexible, independent platform that can quickly adapt to evolving privacy and policy changes. Brown is also spearheading the effort to incorporate addressable advertising into TV measurement. Previously, Brown served as Chief Technology Officer for Nielsen's measurement products.
AAPL FB

Hot Stocks

12:09 EDT Facebook says Apple changes to 'disproportionately affect' Audience Network - Facebook said in a blog post, "In June, Apple announced iOS 14 updates that, among other changes, require apps to ask users for permission to collect and share data using Apple's device identifier. Given the impact the policy will have on businesses' ability to market themselves and monetize through ads, we're sharing how we're addressing iOS 14 changes and providing recommendations to help our partners prepare, while developers await more details on this policy. First, we will not collect the identifier for advertisers (IDFA) on our own apps on iOS 14 devices. We believe this approach provides as much certainty and stability that we can provide our partners at this time. We may revisit this decision as Apple offers more guidance. Additionally, we will remind users that they have a choice about how their information is used on Facebook and about our Off-Facebook Activity feature, which allows them to see a summary of the off-Facebook app and website activity businesses send to Facebook and disconnect it from their accounts...We expect these changes will disproportionately affect Audience Network given its heavy dependence on app advertising. Like all ad networks on iOS 14, advertiser ability to accurately target and measure their campaigns on Audience Network will be impacted, and as a result publishers should expect their ability to effectively monetize on Audience Network to decrease. Ultimately, despite our best efforts, Apple's updates may render Audience Network so ineffective on iOS 14 that it may not make sense to offer it on iOS 14. We expect less impact to our own advertising business, and we're committed to supporting advertisers and publishers through these updates."
JASN

Hot Stocks

12:03 EDT Jason Industries announces confirmation of plan of reorganization - Jason Industries announced that the United States Bankruptcy Court for the Southern District of New York has confirmed the company's Plan of Reorganization clearing the way for Jason to successfully complete its Chapter 11 financial restructuring and emerge in the coming days. Upon emergence, Jason will be a private company backed by the strong ownership of its existing senior secured lenders, including Monomoy Capital Partners and Credit Suisse Asset Management, LLC, each of whom will appoint representatives to serve on the new board of directors. The Company will reduce its debt by approximately $250M, ensuring that Jason, and its businesses Osborn and Milsco, will have greater financial flexibility to support ongoing operations and pursue its strategic plan for the benefit of its employees, customers and business partners. As part of the new capital structure and ensuring that the company has sufficient liquidly upon exit from Chapter 11, Jason will enter into a $30M ABL credit facility with Wells Fargo Bank, National Association. Pursuant to the Plan, the company's common and preferred stock will be cancelled, and holders thereof will not receive any recovery. "We are thankful to our many stakeholders, including our creditors, customers, employees, and vendors for their ongoing support," stated Brian Kobylinski, Chairman and CEO. "The confidence our stakeholders maintain in Jason's long-term value creation opportunities enabled us to reach this milestone in an expedited timeframe."
LRN

Hot Stocks

12:00 EDT K12 falls -11.1% - K12 is down -11.1%, or -$4.82 to $38.75.
DNK

Hot Stocks

12:00 EDT Phoenix Tree falls -16.6% - Phoenix Tree is down -16.6%, or -$1.35 to $6.80.
GTX

Hot Stocks

12:00 EDT Garrett Motion falls -42.0% - Garrett Motion is down -42.0%, or -$2.89 to $3.99.
VHI

Hot Stocks

12:00 EDT Valhi Inc rises 16.0% - Valhi Inc is up 16.0%, or $1.71 to $12.40.
CRM

Hot Stocks

12:00 EDT Salesforce rises 26.0% - Salesforce is up 26.0%, or $56.10 to $272.15.
PLAN

Hot Stocks

12:00 EDT Anaplan rises 29.2% - Anaplan is up 29.2%, or $13.96 to $61.77.
SNAP...

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11:58 EDT 'Branded third-party experience,' Movie Tickets By Atom, launches in Snapchat - Social movie ticketing app Atom Tickets announces the launch of Movie Tickets By Atom, "a branded third-party experience" within Snapchat (SNAP). "The Snap Mini experience is now available to millions of Snapchatters interested in watching movie trailers, buying movie tickets and sharing movie plans with friends all without leaving Snapchat... As theaters start to re-open across the country, Atom conducted a new survey and based on over 16,000 digital moviegoer respondents, 74% said they are ready to return to theaters within the next month...Snap Minis are third-party experiences that live inside of Snapchat and can be accessed through Snapchat's Chat interface. By using Movie Tickets By Atom, the movie-loving millennial and Gen Z Snapchat audience can bypass the group texts and money requests that come with organizing a traditional movie night with friends. Following a ticket purchase, Snapchatters can share a post containing movie event details with individual friends, a group or to a Snap Story. The post will include a link for friends to get their own tickets to join in and choose seats nearby," the company said in a statement. The Movie Tickets By Atom Mini will support ticketing for all of Atom's exhibitor partners including: AMC Theatres (AMC), Cinemark (CNK), Harkins Theatres, National Amusements' Showcase Cinemas, CMX Cinemas, Landmark in Cinemas of Canada, Studio Movie Grill, Malco Theatres, Landmark Theatres, ArcLight Cinemas, and Larry H. Miller Megaplex Theatres, among others.
BCOM

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11:40 EDT B Communications Ltd. announces planned Nasdaq delisting - B Communications announced its intention to voluntarily delist its ordinary shares from the NASDAQ Global Select Market. Following the effectiveness of that delisting, the Company furthermore intends to deregister, and terminate its reporting obligations, with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended with respect to its ordinary shares. The required documentation for the delisting is expected to be filed with the SEC on or about September 8, 2020, while the filing for the deregistration and termination of reporting is expected to follow on or about September 21, 2020. The delisting, deregistration and termination of reporting will not impact shareholders' ownership of their ordinary shares, and such ordinary shares will continue to be listed and traded on the Tel Aviv Stock Exchange under the trading symbol "BCOM". BCOM will furthermore continue to report in an ongoing manner to the Israel Securities Authority and the TASE. The company said, "The NASDAQ delisting and SEC deregistration/ termination of reporting will reduce the Company's administrative costs and will eliminate the time and distractions of the management team associated with SEC reporting requirements. It will also enable the Company to increase its focus on the Company's Israel-centered investor base."
AON WLTW

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11:37 EDT Aon, Willis Towers Watson announce shareholder approval of proposed combination - Aon (AON) and Willis Towers Watson (WLTW) announced that their respective shareholders voted FOR all proposals at their respective extraordinary general meetings and at the special meeting of Willis Towers Watson shareholders ordered by the High Court of Ireland. Aon and Willis Towers Watson shareholders approved all of the proposals necessary to complete the previously announced combination of Aon and Willis Towers Watson. The combination, which remains subject to customary regulatory and other closing conditions, is expected to close in the first half of 2021. Upon the closing of the combination, Willis Towers Watson shareholders will receive 1.08 Aon shares in exchange for each Willis Towers Watson share they held immediately prior to the closing.
TOL

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11:22 EDT Toll Brothers sees FY20-end community count approx. 320 communities - Expects to grow community count by at least 10% by end of FY21.
AEGN

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11:15 EDT Aegion awarded $6M contract for cathodic protection services in West Texas - Aegion Corporation announced that its subsidiary, Corrpro Companies, Inc., has been awarded a contract valued at more than $6M to deliver a comprehensive package of cathodic protection services to prevent corrosion on new midstream pipeline construction in West Texas.
TOL

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11:14 EDT Toll Brothers: 25% of sales are to first-time buyers
TOL

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11:09 EDT Toll Brothers expects to keep raising prices
TOL

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11:08 EDT Toll Brothers: August deposits suggest more demand than July
TOL

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11:08 EDT Toll Brothers: Strong demand has continued so far in August
TOL

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11:07 EDT Toll Brothers: Demand in June not stronger than July
TOL

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11:07 EDT Toll Brothers: May's contracts down 21%, June's up 76%, July's up 31% y/y - Comments taken from Q3 earnings conference call.
MRNA

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10:47 EDT Moderna up 5% as company presents data on COVID vaccine candidate - Shares of Moderna are up about 5% to $69.52 in morning trading as the company is presenting new interim safety and immunogenicity data from the cohorts of older adults in the NIH-led Phase 1 study of mRNA-1273, Moderna's vaccine candidate against COVID-19, at the Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices August Meeting. Slides shared by the company state that pre-clinical data support human clinical trials with mRNA-1273. The data includes information on several study group "cohorts," including a 20 patient group composed of patients aged 56 to 70. Reference Link
ALK...

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10:18 EDT Chief of Staff Meadows says 'hopefully we can help the airlines' - White House Chief of Staff Mark Meadows said this morning at an event hosted by Politico, "If Congress is not going to work, this president is going to get to work and solve some problems. Hopefully we can help the airlines and keep some of those employees from being furloughed." Meadows, according to Bloomberg, noted assistance would require another legislative package but that the White House was "looking at other executive actions" and planned "a few" additional unilateral stimulus measures. Publicly traded companies in the airlines space include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Airlines (UAL).
UBER

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10:10 EDT Uber to expand ridesharing services across Quebec - Uber is announcing plans to make its ridesharing services available throughout Quebec starting this fall. The company's services are currently available in Montreal, Quebec, and Gatineau as part of ongoing pilot programs established in 2016. "With new Bill 17 provincial regulations coming into effect in October, Uber is now a permanent part of the Quebec landscape, making the ridesharing app available to riders and drivers across the entire province - a first in Canada," the company's Canadian unit stated in a press release. Reference Link
CTXR

Hot Stocks

10:03 EDT Citius Pharmaceuticals announces license agreement with MDACC - Citius Pharmaceuticals announced that it has expanded the intellectual property associated with its global license agreement with the MD Anderson Cancer Center. Through this license agreement, Citius is developing Mino-Wrap, which is a novel approach to reducing post-mastectomy infections associated with the use of a tissue expander. The United States Patent and Trademark Office has issued patent 10,434,221 B2 and patent application publication US 2019/0388591 A1, both continuations of the initial patent for "Antimicrobial Wraps for Medical Implants". The intellectual property expansion was granted to The Board of Regents of The University of Texas System on behalf of The University of Texas M. D. Anderson Cancer Center and enhances the design and use of Mino-Wrap. The Company is also currently developing Mino-Lok, an antibiotic lock treatment for catheter-related bloodstream infections, in collaboration with MDACC. Mino-Lok is in phase 3 development.
JAN

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09:48 EDT JanOne completes initial engineering batch of JAN101 - JanOne has completed its initial engineering batch of JAN101. The JAN101 formulation is a patented sodium nitrite proprietary compound that demonstrated success in Phase 1 and Phase 2a trials for improving blood flow and vascular function, necessary in the treatment of Peripheral Artery Disease and potentially for Covid-19 vascular complications that is believed to be the cause of severe vital organ and tissue damage. CSO Tony Giordano said, "We are very fortunate to have had the foresight to initiate the manufacturing process this past February. Should we gain FDA approval for our Covid-19 study, we will be in a position to start patient trials immediately and still remain on track for our planned PAD Phase 2b trials to begin in early 2021." The company expects to submit the investigational new drug for the treatment of Covid-19 vascular complications in the coming weeks and continues to advance plans to scale-up production of JAN101. The company has secured a partner for bottling and labeling, GMP batch production, including placebo batches. The company expects to deliver 250,000 doses within 30 days after start of manufacturing and have GMP batches of more than 20 million doses ready next year.
DNK

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09:47 EDT Phoenix Tree falls -7.2% - Phoenix Tree is down -7.2%, or -59c to $7.56.
PSTG

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09:47 EDT Pure Storage falls -12.5% - Pure Storage is down -12.5%, or -$2.09 to $14.66.
GTX

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09:47 EDT Garrett Motion falls -40.8% - Garrett Motion is down -40.8%, or -$2.81 to $4.07.
DKS

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09:47 EDT Dick's Sporting rises 12.2% - Dick's Sporting is up 12.2%, or $5.71 to $52.38.
CRM

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09:47 EDT Salesforce rises 17.0% - Salesforce is up 17.0%, or $36.78 to $252.83.
PLAN

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09:47 EDT Anaplan rises 26.2% - Anaplan is up 26.2%, or $12.52 to $60.34.
CPRX

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09:43 EDT Catalyst and KYE challenging Health Canada issuance of NOC for Ruzurgi - Catalyst Pharmaceuticals and marketing partner KYE Pharmaceuticals announced the filing of a proceeding in Canadian Federal Court challenging Health Canada's issuance of a Notice of Compliance, or NOC, on August 10 for Medunik's New Drug Submission for the drug Ruzurgi for the treatment of Lambert-Eaton Myasthenic Syndrome despite the fact that Catalyst's Firdapse was issued an NOC on July 31, 2020 and was granted data protection as an "innovative drug" as it was the first amifampridine product to be approved in Canada. The proceeding seeks judicial review of Health Canada's decision to issue an NOC for Ruzurgi as "incorrect and unreasonable," the companies said. "Innovative drugs, not previously approved in Canada, go through a rigorous drug approval process in Canada. A sponsor must submit clinical and nonclinical safety, tolerability, and efficacy data, to demonstrate the safety and efficacy of the drug. In exchange for that effort, and as an incentive to do that, Health Canada regulations are supposed to prevent other pharmaceutical companies from being able to use the innovator's (in this case Catalyst's) data as a basis for approval for eight years from the date of the Notice of Compliance. In Firdapse's case, Health Canada only did so for ten days. We are compelled to bring this application to preserve the specialized regulatory framework for new chemical entities, and the future of drug innovation in Canada," added Patrick McEnany, Chairman and CEO of Catalyst.
BYFC

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09:35 EDT Broadway Financial, CFBanc to combine in Merger of Equals - CFBanc Corporation and Broadway Financial Corporation announced that they have entered into a Merger of Equals agreement to create the largest Black-led Minority Depository Institution in the nation with more than $1B in combined assets under management and approximately $850M in total depository institution assets. Combining the two institutions will increase their collective commercial lending capacity for investments in multifamily affordable housing, small businesses, and nonprofit development in financially underserved urban areas, while creating a national platform for impact investors. City First Bank of D.C., National Association and Broadway Federal Bank, each hold a strong financial position as Community Development Financial Institutions, and have a longstanding history of advancing economic and social equity through the provision of capital in low- to moderate-income communities. The combined institution will maintain its CDFI status, requiring it to deploy at least 60% of its lending into low- to moderate-income communities. CDFIs help to close funding gaps, create jobs, expand critical social services and spur equitable economic development with a mission to strengthen the overall well-being of vulnerable communities. Since the beginning of 2015, City First Bank and Broadway Federal Bank have collectively deployed over $1.1B combined in loans and investments in their communities. The combined nine-member board will be composed of five directors from City First and four from Broadway. Broadway's president and CEO Wayne-Kent A. Bradshaw will lead the board of the combined institution as its chair. City First board chair Marie C. Johns will serve as the institution's lead independent director. The new institution will maintain bi-coastal headquarters and will continue to serve and expand in the banks' current geographic areas, with a desire to scale to other high-potential urban markets. As a national bank, the combined entity intends to continue to operate under the supervision of the Office of the Comptroller of the Currency and to be listed on the Nasdaq Capital Market. As a Community Development Financial Institution, a Minority Depository Institution, a Benefit Corporation and a member of the Global Alliance of Banking on Values, the new institution intends to continue to firmly anchor its work, results and values in the rapidly expanding field of social finance and accretive stakeholder benefits. Under the terms of the merger agreement, which was unanimously approved by the boards of directors of both City First and Broadway, City First will merge with and into Broadway, with Broadway as the surviving corporation. Broadway Federal Bank, the wholly owned subsidiary of Broadway, will merge with and into City First Bank, the wholly owned subsidiary of City First, with City First Bank as the surviving bank. At the closing of the merger, City First common shareholders will receive 13.626 shares of Broadway common stock for each share of City First common stock they own, resulting in Broadway stockholders owning 52.5% and City First shareholders owning 47.5% of the combined institution. The merger is expected to close in the first quarter of 2021, subject to satisfaction of customary closing conditions, including receipt of necessary regulatory approvals and approval by the shareholders of each company.
BYD...

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09:34 EDT Nevada reports July statewide gaming win down 26.16% to $756.79M - Nevada reports July Las Vegas Strip gaming win down 39.19% to $330.09M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
BKYI

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09:27 EDT BIO-key responds to "inaccurate" third party press release - BIO-key International is responding to reports of an inaccurate third party press release concerning one of BIO-key's partners. The press release has since been removed from the single PR wire service where it appeared. Investors are cautioned not to rely on any unverified press releases without confirmation from BIO-key. BIO-key has informed the press release publisher's counsel that BIO-key will act to protect its interests and will recover for any resulting damages to BIO-key's reputation and economic opportunities.
RVVTF

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09:23 EDT Revive submits IRB approval for Phase 3 trial protocol for bucillamine - Revive Therapeutics announced that following the U.S. Food & Drug Administration approval to proceed with the Company's Phase 3 clinical trial to evaluate the safety and efficacy of Bucillamine in patients with mild-moderate COVID-19, the Company has submitted its clinical trial protocol for independent Institutional Review Board approval. Additionally, the Company is exploring the FDA Expanded Access Program, also referred to as the Compassionate Use Program, that can provide access to the Company's investigational drug, Bucillamine, for people who meet the protocol criteria of the COVID-19 study. Revive expects to have patients enrolled in September 2020.
CNI WAB

Hot Stocks

09:22 EDT CN appoints Dominique Malenfant as EVP, CITO - CN (CNI) announced that Dominique Malenfant will be joining the company, effective September 1st, as its EVP and chief information and technology officer. Dominique Malenfant's proven leadership and background in Information and Technology will be a tremendous asset as he will lead the development and deployment of advanced technologies and digitalization to improve inspection reliability, provide rich data analytics, generate automation and drive capacity, and safety, which are key elements to CN's strategy going forward. In his most recent role, Dominique served as SVP, engineering and CTO at Wabtec (WAB).
CSSE

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09:18 EDT Chicken Soup for the Soul announces new content for Crackle Plus - Chicken Soup for the Soul Entertainment announced the upcoming content releases for Crackle for September. Crackle is available in the U.S. and can be accessed on 26 devices and services including Amazon FireTV, RokuTV, Apple TV, Smart TVs, gaming consoles, Plex, on iOS and Android mobile devices and on desktops at Crackle.com. Crackle is also available in approximately 500,000 hotel rooms in the Marriott Bonvoy chain.
MDP

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09:18 EDT Meredith launches Daily Paws media brand - Meredith launched Daily Paws, a new brand for pet parents from adoption to parenting to senior care. Daily Paws' content is now accessible on Dailypaws.com, Facebook and Instagram. Site visitors will be able to sign up for three editorial newsletters and browser notifications as well.
GRIL

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09:18 EDT Muscle Maker adds two locations in Philadelphia to ghost kitchen model - Muscle Maker announced that it has signed an agreement to open two more ghost kitchens in Philadelphia, PA. The company will now operate seven ghost kitchen facilities in two major cities across the U.S. The company plans to begin construction immediately for an anticipated early October opening. Similar to Chicago, the new Philadelphia ghost kitchens will showcase menus from Muscle Maker Grill and Healthy Joe's. Guests can order healthier for you dishes from either of the concepts through third party delivery platforms providing ease of ordering and the option for contactless delivery. Ordering platforms include: DoorDash, GrubHub, UberEats, Postmates, ChowNow and Caviar. As the demand for delivery increases due to social distancing, many restaurant concepts are looking toward ghost kitchens to expand quickly while meeting the growing need for fast options.
WMB

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09:18 EDT Williams aims to cut GHG emissions 56% by 2030 - Williams announced its climate commitment, setting a near-term goal of 56% absolute reduction from 2005 levels in company-wide greenhouse gas, or GHG, emissions by 2030, putting the company on a positive trajectory to be net zero carbon emissions by 2050. By setting a near-term goal for 2030, the company plans to leverage its natural gas-focused strategy and technology that is available to focus on immediate opportunities to reduce emissions, scale renewables and build a clean energy economy. To reach its 2030 target, Williams is pursuing methane emissions reduction opportunities through leak detection and repair, work practice improvements and evaluating equipment upgrades on a site-specific basis. This near-term phase also includes collaborating with peers and customers to uncover and implement emissions reduction strategies through Williams-led initiatives, research organizations and trade groups. Other near-term efforts will focus on exploring renewable energy opportunities, including renewable natural gas and solar energy. These efforts are in addition to the company's previously announced $400M solar initiative across nine states. Williams is identifying locations where solar power installations are both economically viable and can be located on company-owned land that is adjacent to existing facilities. Initial sites identified are in Alabama, Colorado, Georgia, Louisiana, New Jersey, North Carolina, Ohio, Pennsylvania, and Virginia. These facilities are expected to be placed into service beginning late 2021. Williams' long-term path to net zero by 2050 includes preparing for future breakthrough technologies in carbon capture, synthetic gas and hydrogen as a fuel source.
WTER

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09:17 EDT Alkaline Water says Dot Foods to offer line of Alkaline88, A88 Infused - The Alkaline Water Company announced that Dot Foods will offer the entire line of Alkaline88, A88 Infused, and aluminum bottles to its 4,300 customers nationwide by September 21, 2020.
NTNX KEP

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09:14 EDT Nutanix announces KOWEPO deployed its HCI software in response to COVID-19 - Nutanix (NTNX) announced that Korea Western Power, or KOWEPO, a power supplier in Korea and one of the five power generation subsidiaries of Korea Electric Power (KEP), or KEPCO, recently deployed Nutanix hyperconverged infrastructure, or HCI, software. By implementing Nutanix HCI, KOWEPO aims to support their virtual desktop infrastructure, or VDI, deployment to deliver remote work capabilities to its employees in response to the increased uncertainty and unpredictability following the COVID-19 outbreak. KOWEPO is a subsidiary of KEPCO. It was founded in 2001 and has over 2,300 employees. It operates four power plants in the country's western region, mostly comprising thermal and combined cycle power stations, and contributes approximately 10% of the nation's total power generation capacity. As COVID-19 spread, KOWEPO was forced to adopt remote working to ensure staff safety and maintain core headquarters function with a minimum in-person workforce, as well as continue operations and provide uninterrupted power to the region.
STXS

Hot Stocks

09:13 EDT Stereotaxis announces publication on study using robotic technology - Stereotaxis announced a pioneering publication in the prestigious Journal of the American College of Cardiology on the use of Stereotaxis' robotic technology to treat pulmonary hypertension. Dr. Alexander Romanov and colleagues at the National Medical Research Center in Novosibirsk, Russia led an investigator-initiated 50-patient, prospective, randomized, blinded, sham-controlled study of pulmonary artery denervation using Robotic Magnetic Navigation for patients with chronic thromboembolic pulmonary hypertension after pulmonary endarterectomy. CTEPH is a severe form of pulmonary hypertension caused by blood clots that don't dissolve in the lungs leading to progressive right heart failure. In the study, denervation of the pulmonary arteries was performed using a robotically-navigated ablation catheter. Patients receiving this treatment compared favorably across all efficacy and safety endpoints to those that received a sham procedure and were treated with best pharmaceutical care. At 12 months post-procedure, pulmonary vascular resistance was lower, pulmonary artery pressure was reduced, patients performed better on a 6-minute walk test, and hospitalization due to heart failure was reduced by 86%.
NWVCF

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09:12 EDT EnWave signs technology evaluation, license option agreement with snack company - EnWave Corporation announced that it has signed a Technology Evaluation and License Option Agreement with a European snack company to evaluate the potential commercial use of the Company's proprietary Radiant Energy Vacuum dehydration technology. During the term of the TELOA, the EnWave Partner will pay a monthly evaluation fee and have the exclusive option to license REV technology to produce a variety of premium dehydrated snack products. If commercially viable products are successfully developed, the EnWave Partner will leverage EnWave's patented REV technology to introduce innovative new products into the European marketplace. The EnWave partner has well established snack distribution and robust market presence in several European countries. EnWave plans to support the joint development and market testing and will aim to sign a royalty-bearing commercial license agreement with the EnWave Partner alongside the purchase of REV machinery.
CHNG

Hot Stocks

09:12 EDT Change Healthcare acquires PROMETHEUS Analytics - Change Healthcare said in a release, "Change Healthcare announced it has acquired PROMETHEUS Analytics from Altarum. PROMETHEUS Analytics is a leading reimbursement approach based on medical episodes of care, used by payer-provider collaborations nationwide, uniquely providing a fair and realistic blueprint for value-based payments. It includes more than 90 episode of care definitions outlining the entire range of treatment that include all covered services across providers that would typically treat a patient for a single procedure, illness or condition. This transaction supports Change Healthcare's commitment to focus on and invest in core aspects of the business to fuel long-term growth, advance innovation and accelerate the industry's transition to value-based care."
MRMD

Hot Stocks

09:10 EDT Marimed says Betty's Eddies monthly unit sales increase 20X in Mass. since April - MariMed announced that Betty's Eddies has seen its monthly unit sales increase 20X in Massachusetts alone since April 2020. Based upon the success of this brand in Illinois, Rhode Island, Maryland, and Nevada, MariMed is anticipating Betty's Eddies to be the top selling edible in Massachusetts. MariMed's strategic plan includes increasing the licensing and distribution of its top brands across strategic and high-growth medical and recreational markets in the U.S. and Puerto Rico.
WAB

Hot Stocks

09:10 EDT Wabtec appoints Eric Gebhardt as Chief Technology Officer - Wabtec said in a release, "Wabtec announced the appointment of Eric Gebhardt to Executive Vice President and Chief Technology Officer, effective September 14. In this role, Gebhardt will lead Wabtec's global technology and investment strategy, new product development, and global engineering organization. He comes to this role as former Managing Director of KCK-US, an investment firm focused on the energy, life science, and industrial sectors."
CWH

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09:09 EDT Camping World CEO Lemonis buys 16,775 shares - In a regulatory filing, it was disclosed that Camping World Chairman and CEO Marcus Lemonis bought 16,775 shares of company stock at an average price of $29.82 in transactions valued at $500,153 on August 25. The stock purchases follow Lemonis' previously disclosed purchase of 15,475 shares of common stock on August 24 in transactions valued at $498,804.
API

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09:09 EDT Agora reports 85.5% customer base growth year-over-year - Agora announced steep growth across its customer base in Q2 driven by increased demand for real-time engagement technology. Agora grew its customer base by 85.5% year-over-year as of June 2020. Real-time engagement technology rapidly reached widespread adoption as companies shifted critical business functions to the virtual world.
FTNT

Hot Stocks

09:07 EDT Fortinet announces six service providers launch SD-Wan services - Fortinet announced that six service providers from across the globe have recently launched new SD-WAN services powered by Fortinet Secure SD-WAN. Fusion Connect, HubOne, Kazteleport, Optical Networks, Thrive and TNS add to Fortinet's extensive list of service providers and managed security service providers that have chosen Fortinet Secure SD-WAN to differentiate their business and deliver value-added services to customers.
NTRA

Hot Stocks

09:05 EDT Natera's Signatera test receives CE mark - Natera has received the CE mark for the Signatera test, a personalized, tumor-informed ctDNA assay optimized for molecular residual disease assessment and treatment monitoring in patients previously diagnosed with cancer. With the CE mark, Natera can now make Signatera available to clinics and hospital systems throughout Europe to support patient management and clinical research.
VZ

Hot Stocks

09:04 EDT Verizon completes final allocation of first Green Bond - Verizon issued its Green Bond Report, detailing the full allocation of the nearly $1B of net proceeds from its first green bond. The Green Bond Report outlines the eligible green investments to which the net proceeds of the bond have been allocated, including $637M to renewable energy, $319M to green buildings, $37M to energy efficiency and $1M to biodiversity and conservation.
VZ

Hot Stocks

09:03 EDT Verizon signs new renewable energy purchase agreements - Verizon Communications announced that it has entered into four more long-term renewable energy purchase agreements totaling more than 450 megawatts of renewable energy capacity as part of its commitment to be carbon neutral in its operations by 2035. These agreements, which are virtual power purchase agreements, will help finance the re-powering of wind energy facilities and the construction of new solar facilities. Verizon entered into two REPAs with Brookfield Renewable for an aggregate of up to 160 MW of capacity at two wind energy facilities that are being repowered. The wind energy facilities are located in New York where Verizon has significant energy usage, and the repowered facilities are expected to be fully operational in 2021. The agreements have 12-year terms and generally are expected to be financially settled. Verizon also entered into two REPAs with First Solar for an aggregate of up to 296 MW of capacity from two solar facilities that are under development in the PJM Interconnection regional market and that First Solar intends to power using its lowest carbon footprint solar modules. The agreements with First Solar have 15-year terms from the commencement of each facility's entry into commercial operations, which is expected to occur in late 2022. The agreements are generally expected to be financially settled.
GOVX

Hot Stocks

09:02 EDT GeoVax Labs appoints Mark Newman as CSO - GeoVax Labs announces the appointment of Mark Newman, Ph.D. as CSO. Newman, who previously served the company as vice president of research and development from 2010 to 2013, joins GeoVax on a half-time basis. The other portion of his working time will be devoted primarily to his work at NewMark Diagnostics, which he founded in 2016.
HRB

Hot Stocks

09:01 EDT H&R Block joins Catalyst CEO Champions for Change - H&R Block announces it has joined the Catalyst CEO Champions for Change pledge to increase the representation of women, including women of color, in its senior leadership and board positions. H&R Block joins more than 60 other leading global companies and CEOs that are committing to advance women and share data with Catalyst on the representation of women in their workplaces so collective progress can be tracked, analyzed and reported, with the goal of inspiring other organizations by their progress. The Catalyst pledge includes a commitment to: Accelerate progress in the representation of women, including women of color, in executive/senior level positions over five years. Maintain or accelerate the representation of women, including women of color, on the Company's Board of Directors over five years. Strengthen the pipeline of women through an annual review of internal diagnostics and leverage leading practices to address any identified issues. Benchmark and track inclusion and improve the culture of inclusion within the organization. Share key representation metrics with Catalyst for benchmarking and for anonymized reporting of our collective aggregate progress.
CIT

Hot Stocks

08:55 EDT CIT Group leads $266M financing for Prospero 2 solar project - CIT Group's Power and Energy business served as coordinating lead arranger on a $266M financing for Longroad Energy's 331-megawatt Prospero 2 solar project in Andrews County, Texas. Longroad Energy owns over 1.4 gigawatts of wind and solar projects either in operation or construction across the U.S. When Prospero 2 is completed, these three Longroad projects will have collectively added more than 1 gigawatt of renewable power capacity in Texas. CIT led a group of six other bank lenders in arranging financing on the project.
WEYL

Hot Stocks

08:48 EDT Weyland Tech enters agreement to increase stake in AtozPay, AtozGo to 51% - Weyland Tech has reached a definitive agreement that increases its beneficial stake in PT Weyland Indonesia Perkasa, operator of the AtozGo food delivery service and AtozPay mobile e-wallet, from 31% to 51%. Due to Weyland's historical financial support of WIP totaling $4.5M, the transaction will be completed at no new cost to Weyland. The majority ownership will allow Weyland to consolidate WIP's revenue in future quarters.The transaction is expected to be completed within the next two weeks upon satisfaction of certain transaction requirements.
PHUN

Hot Stocks

08:40 EDT Phunware sees media transaction revenues up 60% quarter-over-quarter - Phunware announced that it has upwardly revised the financial guidance previously provided for its application transactions business. The company currently projects that its non-recurring media transaction revenues will increase by more than 60% quarter-over-quarter, with growth specific to new media sales wins on mobile. The majority of Phunware's application transactions business growth in the current quarter has been attributable to the travel industry, where the company has seen a 90% increase in campaign wins as more markets and geographies begin reopening from the COVID-19 pandemic shutdowns within the hospitality and real estate verticals. In parallel, Phunware continues to see activity and engagement within government agencies and organizations, including new customers such as California Operation Lifesaver, which conducts its work on behalf of the Federal Railroad Administration and the Federal Highway Administration, both divisions of the United States Department of Transportation.
WRTC

Hot Stocks

08:39 EDT Wrap Technologies expands domestic presence with orders from Nevada, Arkansas - Wrap Technologies announced its first purchase orders for BolaWrap products and accessories from agencies in the states of Nevada and Arkansas. Since July 1st, the Company has received initial and repeat purchase orders from law enforcement agencies across 13 states. As a result, more than 215 agencies across 44 states now have BolaWrap devices. Despite a 67 day interruption of BolaWrap training due to COVID-19, Wrap Training Academy has conducted 66% more trainings year-to-date than it did in the entirety of 2019 and 329% more trainings during the months of July and August this year relative to 2019.
DLHC

Hot Stocks

08:38 EDT DLH wins renewal of monitoring & evaluation support to the Office of Head Start - DLH Holdings announced that it has been awarded a contract to continue providing national monitoring support services to the Administration for Children and Families' Office of Head Start. The award covers project management, compliance and performance monitoring reviews, logistic support, data collection, utilization and analysis, technology systems and subject matter expertise in the areas of program management and quality improvement. The contract renewal leverages significant business process and technology changes to the reviewing and monitoring methodology accomplished under the previous contract. These included Development, Modernization, and Enhancement services to migrate from the legacy government system to a mobile-enabled environment with new tools for data capture and visualization, content management, and report generation. Through this new contract DLH brings enhanced fraud, waste, and abuse detection services, bolstered by its in-house FedRAMP Ready secure data analytics platform-as-a-service Infinibyte Cloud solution, which meets and exceeds federal agency FISMA requirements. The contract includes a base period of eight months, with four one-year options, valued at $150M including the option periods, and it continues DLH's longstanding relationship with ACF. Under the contract DLH's extensive network of early reviewers and subject matter experts will evaluate over 2,000 grantees providing services to children throughout the U.S.
LUNA

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08:36 EDT Luna Innovations partners with CETENA, GHT Photonics for smart bridge in Italy - Luna Innovations said in a release, "Luna Innovations announced that it has partnered with CETENA and GHT Photonics to help design, build and implement a full-scale, fiber-optic structural health monitoring system for the recently re-opened Polcevera Viaduct bridge, which is a critical traffic artery for the city of Genoa in northern Italy. The innovative bridge, which is over a kilometer long featuring 19 spans, is equipped with an advanced health monitoring system based on a network of Luna's HYPERION measurement systems and advanced fiber optic sensors installed by Luna's integration partner GHT photonics. The system will monitor the structural response of the bridge, as well as conditions including the number and weight of vehicles, water stagnation, weather and other important variables helpful for bridge monitoring, control and inspection. The sensors installed on the infrastructure will capture the data necessary to create a digital twin of the bridge, that reproduces all the viaduct's physical characteristics, in real time."
DDD BLKB

Hot Stocks

08:36 EDT 3D Systems appoints Jagtar Narula as CFO - 3D Systems (DDD) announced that Jagtar Narula will join the company as EVP and CFO, effective September 14. He will report to President and CEO, Dr. Jeffrey Graves, and lead the company's Finance organization, including all finance operations and investor relations. Jagtar will play a central role in capital deployment for growth and margin expansion. Currently, Narula is SVP Corporate Strategy and Business Development for Blackbaud Corporation (BKLB) where he also previously led Investor Relations and Financial Planning.
ALIM

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08:34 EDT Alimera announces national reimbursement granted for ILUVEN in the Netherlands - Alimera Sciences announces that Alimera Sciences Europe Limited, its Ireland-based European subsidiary received an add-on status for the pricing and reimbursement approval for ILUVIEN in the Netherlands from the Ministry of Health, effective September 1, 2020. Pricing and reimbursement approval was sought and secured by Alimera's distribution partner in France and the Benelux region, Horus Pharma. Horus is in the process of reviewing launch plans. ILUVIEN is a sustained release intravitreal implant indicated in Europe for the treatment of vision impairment associated with chronic diabetic macular edema considered insufficiently responsive to available therapies and for prevention of relapse in recurrent non-infectious uveitis affecting the posterior segment of the eye.
JE

Hot Stocks

08:32 EDT Just Energy announces amendments to recapitalization plan - Just Energy Group announced updated terms for the Company's proposed recapitalization plan and commitments of support for the Recapitalization from holders of approximately C$68 million principal amount of the Company's outstanding C$100 million 6.75% subordinated convertible debentures due March 31, 2023 and C$160 million 6.75% subordinated convertible debentures due December 31, 2021. The Recapitalization is part of a comprehensive plan that will strengthen and de-risk the business and position Just Energy for sustainable growth as an independent industry leader. The Recapitalization will be facilitated through a plan of arrangement under the Canada Business Corporations Act, as previously announced July 8, 2020 and more fully described in the Company's management proxy circular dated July 17, 2020. Pursuant to the amendments to the previously announced Recapitalization, Just Energy will: pay accrued and unpaid interest in cash on the Subordinated Convertible Debentures until closing of the Recapitalization, issue C$15 million principal amount of new subordinated notes to holders of the Subordinated Convertible Debentures, which New Subordinated Notes will have a six-year maturity and will bear an annual interest rate of 7%, pay certain expenses of the ad hoc group of convertible debenture holders, and issue approximately C$3.67 million of common shares by way of an additional private placement to the Company's term loan lenders at the same subscription price available to all securityholders pursuant to the New Equity Subscription Offering, proceeds of which will partially offset the incremental cash costs. All other terms of the Recapitalization remain unchanged. The Recapitalization has a high degree of stakeholder support, as demonstrated by preliminary voting results together with the votes of the Supporting Debentureholders. To provide securityholders more time to consider the amendments before voting, the Company has postponed its Special Meeting of Shareholders and meetings of applicable creditor classes to August 27, 2020, with a new deadline for proxies. In addition to receiving an amended support agreement from its senior unsecured term loan lenders, the Company has now entered into support agreements with holders of approximately $68 million principal amount of Subordinated Convertible Debenture. All Supporting Debentureholders have agreed to vote in favour of the Plan of Arrangement pursuant to which the Recapitalization is to be implemented under the CBCA. Based on proxies submitted as at the original proxy deadline and together with the votes of the Supporting Debentureholders, securityholders have voted in favor of the Recapitalization as follows: Security Class Percentage FOR Senior Unsecured Debtholders' Meeting 99.35%; Convertible Debentureholders' Meeting 89.44%; Shareholders' Meeting 94.97%. Securityholders who have already cast their votes in respect of the Recapitalization do not need to re-submit their votes, unless they wish to change their votes. Just Energy's Board of Directors has approved the amended Recapitalization and unanimously recommends all holders of existing senior unsecured term debt, subordinated convertible debentures, preferred shares and common shares support the Recapitalization. Just Energy's financial advisor, BMO Capital Markets, has provided an opinion to Just Energy's Board of Directors that the terms of the amended Recapitalization are fair, from a financial point of view, to the holders of its Eurobond, Subordinated Convertible Debentures, Preferred Shares, and common shares. The implementation of the Recapitalization is expected in September 2020, pending all approvals, including court, regulatory and senior creditor approval.
BAM

Hot Stocks

08:22 EDT Brookfield names Mark Carney vice chair, head of ESG, impact fund investing - Brookfield Asset Management announced the appointment of Mark Carney as a Vice Chair and Head of ESG and Impact Fund Investing. He is currently the United Nations Special Envoy for Climate Action and Finance and is a longtime advocate for sustainability, specifically with regard to the management and reduction of climate risks. Mark will expand on Brookfield's existing strengths in ESG investing with the development of a group of funds that will work to combine positive social and environmental outcomes with strong risk-adjusted returns for investors. The funds will make ESG-focused investments that are both capable of delivering measurable outcomes against specific impact goals and consistent with Brookfield's extensive experience investing in high-quality, sustainable assets that form the backbone of the global economy.
FLDM

Hot Stocks

08:21 EDT Fluidigm up 22% in pre-market after being granted FDA EUA for COVID test
MARA

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08:21 EDT Marathon Patent Group enters LOI to acquire Fastblock Mining - Marathon Patent Group announced it has executed a Letter of Intent to acquire Fastblock Mining for 8,658,009 shares of its Common Stock in a private placement transaction exempt from registration. Once the transaction closes, the Company's cost to mine Bitcoin will decline from $7,400 per Bitcoin to $3,600 per Bitcoin due to the lower than industry-standard electricity cost of $0.0285 per KwH. Marathon will also acquire 3,304 ASIC Miners from Fastblock's customers which will increase our deployed ASIC's from 2,060 to 5,364 Miners and immediately add 208/Ph of Hashing capacity to our current Hashrate of 186/Ph, increasing our current Hashrate to 394/Ph. If all 16,960 ASIC Miners were deployed today, they would produce 1,639/Ph, which at today's Bitcoin price and the network's current Hashrate Difficulty, would produce approximately 16 Bitcoin per day and generate monthly revenue of $4,000,000 per month. With a monthly power cost of $1,127,000, this could result in monthly Gross Profits of more than $2,800,000 per month. The foregoing calculation is based on current Bitcoin prices, and a higher or lower Bitcoin price, would result in higher or lower Gross Profit potential, corresponding directly to the differential in Bitcoin price. Fastblock Mining was established in 2014 by CEO and Co-Founder Bernardo Schucman, an expert in crypto mining. Mr. Schucman has managed the Company's Mining as a Service business and built or managed 20 data centers having mined over 50,000 Bitcoins, audited by BDO Trevisan. Mr. Schucman will stay on with the combined Company and become Head of Mining Operations. Fastblock's executive team, consisting of John Blount and Gustavo Caldeira de Andrada, along with the 14 employees at the Atlanta facility, will continue to work at the Company. The Company will work with Fastblock's management team to immediately begin expansion of the current power capacity in the Atlanta, Georgia facility from of 15MwH to 45MwH. The facility may be expanded up to a maximum of 100MwH of power should the Company's expansion efforts require additional power. The transaction is expected to close by the end of September 2020 upon completion of a Definitive Agreement and meeting customary closing conditions, including due diligence review.
DZSI

Hot Stocks

08:20 EDT Chaco Digital, Communication Partner, DZS for hyper-broadband services - DZS announced team up plans with regional VAR Communication Partner to enable Chaco Digital and its commercial internet service provider brand Everon to provide universal access across the underserved areas of Chaco Province, Argentina. Chaco Digital is leveraging the DZS multi-terabit MXK-F platform and Z-Series optical network terminals to rapidly close the region's digital divide and introduce infrastructure capable of gigabit speeds. Since launching services in Chaco in 2019, the service provider has rapidly expanded its broadband footprint, turning up hundreds of new subscribers every month. CommPartner and DZS formed a partnership eight years ago that has continued to mature and grow across Argentina. This success encouraged CommPartner to continue its expansion into nearby countries like Bolivia and Peru. By leveraging the successful model that DZS and CommPartner have established in Argentina, subscribers throughout the region will soon be able to leverage the promise of fiber in transforming their communities into Smart Cities supported by deploying cutting-edge fiber access services and Wi-Fi.
GTX

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08:18 EDT Garrett Motion down 24% at $5.22 after announcing balance sheet review
BWA

Hot Stocks

08:18 EDT BorgWarner to supply EGR modules for Fiat Chrysler mild hybrids - BorgWarner is supplying its exhaust gas recirculation technology to the latest FireFly gasoline engine, developed for the Fiat 500 and Panda hybrid models. The complete BorgWarner EGR module is the company's first gasoline EGR module to be used on mild-hybrid engine technology for Fiat Chrysler Automobiles in the EMEA - Europe, Middle East, Africa - region.
RSASF

Hot Stocks

08:18 EDT RESAAS, QuestCap enter commercial agreement to sell COVID-19 antibody tests - QuestCap, its wholly-owned subsidiary, Collection Sites, and RESAAS Services are pleased to confirm the companies have entered into an agreement to sell U.S. Food and Drug Administration Emergency Use Authorization COVID-19 Rapid Tests to real estate sales professionals across the United States through RESAAS' global real estate platform. QuestCap and Collection Sites will work with RESAAS exclusively to sell the QuestCap's COVID-19 IgG/IgM Antibody test kits within North America to the real estate sector. The agreement was executed on August 24, 2020 with a one-year term. The companies will share in the revenue generated from all sales.
BNGO TSLA

Hot Stocks

08:16 EDT Bionano Genomics appoints Christopher Stewart as CFO - Bionano Genomics (BNGO) announced that Christopher Stewart will join Bionano as its CFO effective September 1, 2020. Chris joins Bionano most recently from Tesla (TSLA), where he served as Head of the Maxwell Ultracapacitors business unit after Maxwell Technology was acquired by Tesla.
TYME

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08:15 EDT Tyme Technologies announces potential new COVID-19 treatment approach - Tyme Technologies announced a potential new approach to treating COVID-19 using a metabolic agent, TYME-19. TYME-19 is a synthetic bile acid, a family of metabolic agents that the company also uses in its anticancer product, TYME-18. The company was able to identify TYME-19 as a potent, well characterized antiviral bile acid and has performed preclinical experiments establishing effectiveness against COVID-19. Bile acids have primarily been used for liver disease; however, they represent a family of cellular regulators across cardiovascular, neurologic and metabolic systems, with some also having antiviral properties. Tyme has partnered with physicians from Massachusetts General Hospital and the Weill Cornell Medical Center to design a trial for recently diagnosed, symptomatic patients. The proof-of-concept trial is expected to start as soon as customary trial site approvals are completed. In preclinical testing, TYME-19 repeatedly prevented COVID-19 viral replication without attributable cytotoxicity to the treated cells. Previous preclinical research has also shown select bile acids like TYME-19 have had broad antiviral activity. TYME-19 is part of a family of metabolic agents called bile acids that have formerly been associated with liver disease but are becoming recognized for their potential utility to treat multiple diseases. Bile acids are regulators for many cellular functions throughout the central nervous, cardiovascular and metabolic systems. Tyme and its collaborating partners at Massachusetts General Hospital and Weill Cornell Medical Center are initiating a proof-of-concept study to evaluate TYME-19 versus placebo in newly diagnosed, symptomatic patients with defined high-risk factors. The trial will measure specific indicators of safety and efficacy, including time to resolution of symptoms, changes in viral load, rate of hospitalization and others. Positive results from the proof-of-concept study could lead to a development program in which TYME-19 is studied as a potential new oral treatment for patients with COVID-19 before they require hospitalization, and/or as prophylaxis for high-risk individuals and front-line workers.
GBNXF

Hot Stocks

08:14 EDT Gibson announces submission to CDP, creation of sustainability, ESG committee - Gibson Energy announced the submission of its inaugural climate change questionnaire to CDP and the creation of its Sustainability and ESG Board Committee. To provide increased transparency for the Company's stakeholders regarding its environmental and climate-related performance, Gibson has submitted its inaugural climate change questionnaire to CDP. The submission includes the quantification and verification of the Company's Scope 1 and 2 greenhouse gas emissions and a partial quantification of the Company's Scope 3 emissions. Recognizing the importance of Board oversight of sustainability, the Board has established a stand-alone Sustainability and ESG Committee. Chaired by Judy Cotte, a recognized expert on ESG and responsible investment, this new committee will provide dedicated oversight and support of the Company's sustainability and ESG strategy, targets and management systems. Chaired by Jim Cleary, the Health and Safety Board Committee, formerly the Environment, Social, Governance / Health and Safety Board Committee, will be more operationally focused to provide oversight in the continuing development of Gibson's health and safety program, including its Operations Management System.
VBIV

Hot Stocks

08:11 EDT VBI Vaccines selects two COVID-19 vaccine candidates to take into human study - VBI Vaccines announced data from three preclinical mouse studies conducted to enable selection of optimized clinical candidates for the company's coronavirus program, VBI-2900. As a result of these studies, VBI has selected two vaccine candidates, with the potential to be one-dose vaccines, to take into an adaptive Phase 1/2 human clinical study, expected to begin around year-end, subject to regulatory approval. VBI-2901 is a trivalent pan-coronavirus vaccine candidate expressing the SARS-CoV-2, SARS-CoV and MERS-CoV spike proteins. VBI-2902 is a monovalent vaccine candidate expressing the SARS-CoV-2 spike protein. The objectives of the preclinical studies, which evaluated antibody binding titers and neutralizing antibody titers across a number of vaccine constructs, were to assess the impact of VBI's proprietary enveloped virus-like particle, or eVLP, platform technology vs. recombinant vaccine candidates, differences in the conformation of the spike protein and a variety of adjuvants. After a single dose, VBI's eVLPs expressing a stabilized pre-fusion form of the COVID-19 spike protein elicited a nAb GMT that was 4x higher than the GMT of high-titer convalescent sera, which increased to 64x higher after a second dose. The same eVLPs also induced, after one dose, an Ab binding GMT that was 10x higher than both the GMT of high-titer convalescent sera and the GMT induced with a stabilized pre-fusion recombinant spike protein. A variety of adjuvants tested further improved the induction of nAb titers approximately 5-fold, and promoted strong Th1-type antibody and T cell responses. The trivalent eVLP vaccine construct induced Ab binding titers across COVID-19, SARS, and MERS spike proteins in addition to broadening reactivity to a seasonal human coronavirus not expressed in the vaccine. As part of these studies, convalescent sera from 20 individuals who had contracted and recovered from COVID-19 were collected for comparison, this sera was further grouped according to those who mounted a high-titer, robust response to the infection and those with a low-titer, weaker response. The neutralizing activity in these studies were quanitifed using a plaque reduction neutralization test with the most stringent 90% inhibition threshold, which is considered the standard for measuring antibodies that can neutralize a virus. In August, VBI also entered into an agreement with Therapure Biomanufacturing, an integrated contract development and manufacturing organization, for development and manufacturing services in preparation for production of its coronavirus vaccine candidates. The collaboration with Therapure is expected to enable the initiation of clinical studies by the end of 2020. As part of the agreement, Therapure will manufacture bulk vaccine for use through Phase 2 clinical studies.
ENPH

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08:11 EDT Enphase Energy partners with Solargain for solar offerings in Australia - Enphase Energy announced that Solargain has selected Enphase microinverters as the premium inverter solution for its turnkey retail solar offerings in Australia.
XEBEF

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08:10 EDT Xebec Adsorption appoints Sara Elford to board of directors - Xebec Adsorption announced that Sara Elford has joined Xebec's Board effective August 25th, 2020. Elford is a current board member of BioSyent Inc. and BQE Water Inc., both are TSX-V listed companies.
AQMS

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08:09 EDT Aqua Metals receives additional $5.279M Layer 3 insurance payment - Aqua Metals announced it has received a $5,278,878 payment from its insurance provider. Along with this payment, the company has now collected $20,278,878 in insurance proceeds. $13,292,327 of these proceeds have been paid to Aqua Metals and the balance of $6,986,551 have been allocated to the retirement of the Veritex Bank loan. With this payment, Layer 3 has now paid out $7,778,878 or just over 60% of the total Layer 3 coverage amount of $12,500,000. Layer 4, for which the Company has already submitted property plus casualty and business interruption claims, accounts for the remaining $25,000,000 in potential collections of the $50,000,000 policy.
CDMO

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08:08 EDT Avid Bioservices selected by Mapp Biopharmaceutical for development of antibody - Avid Bioservices announced that Mapp Biopharmaceutical has contracted Avid to provide process transfer, scale-up and clinical manufacturing services to support one of its development programs for a novel antiviral drug candidate. Avid and Mapp will immediately commence the initial phase of the project.
OTLK

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08:07 EDT Outlook Therapeutics reports topline results from NORSE 1 study - Outlook Therapeutics announced topline results demonstrating anticipated safety and efficacy and positive proof-of-concept of ONS-5010 / LYTENAVA for the treatment of wet age-related macular degeneration from its NORSE 1 clinical study, the first of two registration clinical trials. ONS-5010 is the first injectable ophthalmic formulation of bevacizumab-vikg seeking U.S. Food and Drug Administration approval for the treatment of wet AMD under a new Biologics License Application. In NORSE 1, there were no statistical differences between LUCENTIS and ONS-5010 in the study. Overall, 2 of 25 patients on the ONS-5010 arm achieved greater than 15 letters best corrected visual acuity at Month 11 compared to 5 of 23 patients on the ranibizumab arm. In the subgroup analysis of treatment-naive subjects, 2 of 6 patients on the ONS-5010 arm achieved greater than 15 letters at Month 11 compared to 4 of 13 patients in the ranibizumab arm. Additionally, the subgroup analysis of patients who had a baseline visual acuity of less than 67 letters at study entry included 2 of 4 patients in the ONS-5010 arm and 4 of 9 patients in the ranibizumab arm achieving greater than 15 letters at Month 11. These key subgroups represent the enrollment criteria for patients in the fully enrolled, pivotal NORSE 2 clinical trial. The results from NORSE 1 indicate that the observed safety profile of ONS-5010 in this study is consistent with that of previously reported bevacizumab ophthalmology studies. There were no statistical differences in safety between LUCENTIS and ONS-5010 in the study and zero cases of ocular inflammation. The results from NORSE 1 provide support for the established design and protocol for the ongoing pivotal NORSE 2 clinical trial, the second of two registration clinical trials evaluating ONS-5010 for treatment of wet AMD; NORSE 2 excludes patients with vision better than 20/50 at baseline, as well as patients who have received prior treatment for wet AMD. NORSE 2 is powered for statistical significance, and by excluding such patients, Outlook Therapeutics believes that NORSE 2 has enrolled the optimal patients for meeting the endpoint of the study. Outlook Therapeutics intends to complete development of ONS-5010 for submission to the FDA as a new BLA under the 351(a) PHSA regulatory pathway for the treatment of wet AMD and also has plans to submit for regulatory approvals in Europe, the United Kingdom and Japan, as well as other countries. While bevacizumab is already widely used, if approved, ONS-5010 will be the first and only on-label ophthalmic formulation of bevacizumab-vikg approved for treating retinal diseases and has the potential to address a $9.1 billion anti-VEGF market.
XONE

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08:05 EDT ExOne enters metal 3D printing services partnership with Xometry - ExOne said in a release, "ExOne and Xometry announced that they will partner to provide metal 3D printing services. Binder jetting offers Xometry customers a fast and cost-effective way to 3D print metal prototypes and production parts. With binder jetting, an inkjet printhead quickly deposits a bonding agent onto a thin layer of powdered particles -- either metal, sand, ceramics or composites. This process is repeated, layer-by-layer, using a map from a digital design file, until the object is complete. ExOne will be the exclusive provider of binder jetting services in Xometry's recently-launched Digital RFQ Marketplace. ExOne currently 3D prints more than 20 materials, including 316L and 17-4PH stainless steels, Inconel 718 and M2 Tool Steel."
SYNL

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08:05 EDT Synalloy receives noncompliance notification from Nasdaq - Synalloy received a standard notification letter from Nasdaq stating that, as a result of not having timely filed its quarterly report on Form 10-Q for the period ended June 30, the company no longer complies with Nasdaq Listing Rule 5250, which requires timely filing of periodic financial reports with the SEC. This notice has no immediate effect on the listing of the company's common stock on Nasdaq. Although Nasdaq's listing rules provide the company with 60 calendar days from the date of the notice to submit a plan to regain compliance, the company expects to file its Form 10-Q within the 60-calendar day period. The company has completed its work related to the amount of the impairment charges resulting from the suspension of manufacturing operations at Palmer of Texas Tanks and the goodwill impairment analysis of its Welded Pipe & Tube reporting unit. Additionally, the independent law firm's investigation, referenced in the company's Form 12b-25 filing dated August 11 is complete. The investigation concluded that there was no evidence of intentional misconduct, bad faith or criminal acts. However, the company's analysis of its internal control over financial reporting is ongoing. The current delay in preparing and filing the Form 10-Q is due exclusively to this continuing analysis regarding internal control over financial reporting.
NVEE

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08:03 EDT NV5 Global secures $4M in New Mexico transportation project awards - NV5 Global has been awarded $4M in transportation infrastructure contracts in New Mexico. These projects will provide planning, engineering, surveying, and environmental services to support improvements to roadway infrastructure throughout the state. The City of Albuquerque awarded NV5 a $2.2M contract to provide engineering design, surveying, and environmental services for the widening of Paseo del Norte, one of the busiest roadways connecting Downtown Albuquerque to the city's western suburbs. The project will expand the road to two lanes in each direction, adding capacity to reduce current congestion during peak use hours and preparing for traffic volume that is expected to double by 2040. The New Mexico Department of Transportation selected NV5 for $2M in new projects to support transportation improvements to US 491 and NM 68 roadways. In Shiprock, New Mexico, NV5 will support roadway improvements to US 491, including signals and lighting, drainage systems, a three-span bridge structure, and two large bridge-class culvert structures on a critical transportation corridor in the Navajo Nation. NV5 will provide engineering design, surveying, and construction phase engineering services for NM 68 in Espanola and Alcalde to mitigate congestion and safety concerns on the four-lane highway corridor.
PTCT RHHBY

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08:02 EDT PTC Therapeutics achieves $20M milestone payment from Roche - PTC Therapeutics (PTCT) achieved a $20M milestone payment from Roche (RHHBY) under its License and Collaboration Agreement. The milestone payment was triggered by the first commercial sale of Evrysdi - risdiplam - in the U.S. Evrysdi was approved by the FDA on Aug. 7, for the treatment of spinal muscular atrophy in adults and children 2 months of age and older. Evrysdi is commercialized in the United States by Genentech, a member of the Roche Group. Roche led the clinical development of Evrysdi as part of a collaboration with the SMA Foundation and PTC Therapeutics.
GMBL

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08:02 EDT Esports Entertainment Group signs LOI to acquire the Esports Gaming League - Esports Entertainment Group signed a Letter of Intent to acquire the Esports Gaming League, a UK-based esports company, founded in 2010, serving a rapidly expanding community of gamers in Europe, Middle East, and the Americas. EGL is a B2B-centric provider of live and online events and tournaments where gamers can compete and enjoy a wide range of content relating to esports and video games on a proprietary technology platform with over 350K registered gamers. Services include full turnkey esports events, live broadcast production, game launches, and online branded tournaments. The growing user base and the demographics of EGL's audience provide brand owners and advertisers with an attractive environment to promote their products and services.
AKBA

Hot Stocks

08:01 EDT Akebia announces first commercial launch of VAFSEO in Japan - Akebia Therapeutics announced that vadadustat, its oral hypoxia-inducible factor prolyl hydroxylase inhibitor, is now commercially available in Japan as a treatment for anemia due to chronic kidney disease under the trade name VAFSEO. VAFSEO has been included in the Japan National Health Insurance drug price listing and was granted regulatory approval as a treatment for anemia due to CKD in both dialysis-dependent and non-dialysis dependent adult patients by the Ministry of Health, Labour and Welfare in Japan in June 2020. The starting dose for VAFSEO is indicated at 300 mg with a maximum dose indicated at 600 mg.
HTBX

Hot Stocks

07:48 EDT Heat Biologics publishes preclinical COVID-19 vaccine results - Heat Biologics announced publication of preclinical COVID-19 results in bioRxiv. Heat's gp96 based COVID-19 vaccine, or gp96-Ig-S, significantly increases the frequency of systemic and tissue-specific CD8+ T-cells by conferring cellular immunity that is essential against any viral infection, including SARS-CoV-2. It also primes potent effector memory CD8+ T cell responses and tissue resident memory CD8+ T cells localized in lung which are essential in protection against respiratory virus infection. The vaccine elicits an immune response directed against the Spike protein of SARS-CoV-2, generating both helper CD4+ T-cells that aide in antibody production, as well as virus killing cytotoxic CD8+ T cells. It also induces the secretion of cytokines from CD8+ and CD4+ T cells in both the spleen and lungs, while inducing high frequencies of S-protein specific CD8+ T cells in the respiratory airways, the predominant site of viral infection. Studies in COVID-19 patients with moderate or asymptomatic infection indicate that the expansion of memory CD8+ T cells directed at immunodominant epitopes on S protein may be important, including tissue resident CD8+ T cells that localize in high numbers in the lung tissue to protect against infection. The preclinical data demonstrates that Heat's vaccine achieves this objective with tissue resident memory CD8+ T cells that localize in lung tissue. The generation of a durable cellular immune response driven by memory CD8+ T cells may protect against re-infection. Heat's vaccine is designed to prophylactically "train" the immune system to induce this response in patients and should be especially effective in those individuals most prone to severe infection, such as the elderly, individuals with relevant comorbidities or other patients who are immuno-suppressed.
PLAN

Hot Stocks

07:42 EDT Anaplan up 13% after reporting Q2 results, providing Q3, FY21 guidance - Shares of Anaplan are up 13.1% in pre-market trading to $54.10 per share.
DKS

Hot Stocks

07:42 EDT Dick's Sporting ends Q2 with cash, equivalents of $1.1B - Company is in a strong financial position, ending the quarter with cash and cash equivalents of $1.1B and no outstanding borrowings on its $1.855B revolving credit facility.
DKS

Hot Stocks

07:36 EDT Dick's Sporting reports total inventory down 12.2% at end of Q2 - Total inventory decreased 12.2% at the end of the second quarter of 2020 as compared to the end of the second quarter of 2019.
DKS

Hot Stocks

07:35 EDT Dick's Sporting jumps 16% to $54.01 after Q2 results beat estimates -
OOMA TMUS

Hot Stocks

07:35 EDT Ooma: T-Mobile does not plan to continue selling Sprint Omni - Ooma (OOMA) said on its quarterly earnings call on Tuesday that it announced last quarter that with the Sprint-T-Mobile (TMUS) merger, it was unclear what the new organization strategy will be, and had adopted a cautious outlook. Ooma said its understanding now is that T-Mobile intends to focus on a more narrow portfolio and does not plan to continue selling Sprint Omni.
DKS

Hot Stocks

07:34 EDT Dick's Sporting CEO says Q2 'exceptionally strong' - "We had an exceptionally strong Q2 in which we delivered our highest ever quarterly sales and earnings. These results are a testament to the hard work and dedication of our teammates, who reacted quickly to favorable shifts in consumer demand throughout the quarter," said Edward Stack, Chairman and CEO. "During this pandemic, the importance of health and fitness has accelerated and participation in socially distant, outdoor activities has increased. There has also been a greater shift toward athletic and active lifestyle product with people spending more time working and exercising at home. The majority of our assortment sits squarely at the center of these trends, and while mindful of the uncertainty in the current environment, we are in a great lane right now." Lauren Hobart, President, added, "Our Q2 comps were supported by increases in both average ticket and transactions, as well as growth across each of our three primary categories of hardlines, apparel and footwear. By the end of June, we re-opened 100% of our stores to the public, while continuing to prioritize the health and well-being of our teammates and athletes. As our stores re-opened, we saw the power of our industry-leading omni-channel platform. We delivered positive double-digit brick-and-mortar store comps during both June and July, and our eCommerce sales remained very strong, increasing nearly 200% for the quarter. In recognition of our hourly store and distribution center teammates' efforts, which helped make these results possible, we recently announced the 15% pay premium will be extended through the end of the year." Stack concluded, "The favorable shifts in consumer demand that drove our strong comps during Q2 have continued into Q3 but have been partially offset by softness across key back-to-school categories because of the uncertain timing of a return to school and fall team sports. Taken together, through the first three weeks of Q3, our consolidated comp sales have increased 11%, which demonstrates the strength of our diverse category portfolio."
CYTK

Hot Stocks

07:33 EDT Cytokinetics, Cure SMA renew partnership to advance SMA education - Cure SMA and Cytokinetics announced the renewal of their partnership to increase education, awareness, public policy and fundraising for spinal muscular atrophy. Cytokinetics will lend support for several of Cure SMA's upcoming initiatives across the United States and continues as a member of the Cure SMA Industry Collaboration, a partnership between Cure SMA and pharmaceutical companies to address topics critical to advancing drug development in SMA. Cytokinetics remains committed to serving those living with SMA, a genetic disease that robs people of their physical strength and can take away their ability to walk, eat or breathe. Cytokinetics will sponsor two events to help fundraise and increase awareness of SMA in the local community. In September, Cytokinetics will participate as a sponsor of the Virtual Walk-n-Roll program where SMA families will be walking and rolling around their neighborhoods for Cure SMA. Then, in October, Cytokinetics will support Cure SMA's Evening of Hope: A Virtual Masquerade, an evening of inspiration, celebration, and hope uniting the SMA community across the country. Additionally, Cytokinetics is pleased to continue its membership in the Cure SMA Industry Collaboration, which brings together pharmaceutical companies, Cure SMA, and other non-profit organizations, to address critical issues related to advancing drug development in SMA. Cytokinetics is actively involved in topic groups focused on regulatory affairs, clinical trials and patient reported data.
ELOX

Hot Stocks

07:32 EDT Eloxx Pharmaceuticals announces two preclinical abstracts for NACFC - Eloxx Pharmaceuticals announced that two abstracts will be presented at the North American Cystic Fibrosis Conference to be held virtually starting on October 7, 2020. The two abstracts will be showcased in the NACFC virtual poster gallery and electronically published as a supplement to Pediatric Pulmonology. These virtual posters will be available to registered attendees on the NACFC online conference platform starting on October 7, 2020. "We are pleased to be presenting additional preclinical study results in cystic fibrosis at the 2020 NACFC virtual conference which demonstrate ELX-02's selectivity for read-through of premature stop codons versus native stop codons and its ability to restore production of functional CFTR in patient-derived organoids," said CEO Gregory Williams. "We are advancing our Phase 2 clinical trials for ELX-02 in cystic fibrosis in Europe, Israel and the U.S., and we believe the data from our preclinical programs substantially de-risk this program. We look forward to reporting top line data from our proof of concept Phase 2 clinical trials as quickly as possible." The details for the two ELX-02 poster presentations are: Poster Session Presentation Title: "ELX-02 Generates Protein Via Premature Stop Codon Read-through Without Inducing Native Stop Codon Read-through Proteins". Poster Session Presentation Title: "CFTR Restoration By ELX-02 Across CF Nonsense Genotypes: Utilizing Patient-Derived Organoids to Survey Responsive Alleles".
DKS

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07:32 EDT Dick's Sporting reports SSS up 11% through first three weeks of Q3
DKS

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07:31 EDT Dick's Sporting reports Q2 SSS up 20.7% - Consolidated same store sales increased 20.7%, even with approximately 15% of the company's stores closed on average. eCommerce sales increased 194%, including Curbside Contactless Pickup. eCommerce penetration for the second quarter of 2020 was approximately 30% of total net sales, compared to approximately 12% during the second quarter of 2019. Second quarter 2019 consolidated same store sales increased 3.2%.
QURE NVS

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07:27 EDT uniQure appoints Ricardo Dolmetsch as president, research and development - uniQure (QURE) announced the appointment of Ricardo Dolmetsch, Ph.D., as president, research and development, effective September 14, 2020. Dolmetsch will succeed Sander van Deventer, M.D., Ph.D, EVP, research and product development. Robert Gut, M.D., Ph.D., will move from his role as CMO after a transition period following the start of Dr. Dolmetsch's employment, and the Company plans for Dr. Gut to continue to serve on the Board of Directors. Dolmetsch joins uniQure from Novartis Institutes for Biomedical Research, the research arm of Novartis (NVS), where he served as the Global Head of Neuroscience since 2013. Dr. Gut has been a member of uniQure's Board of Directors since June 2018. In order to continue to serve as a non-executive member of the Board, under Dutch law and the Company's Articles of Association Dr. Gut will be required to resign as an executive director and be re-elected by the Company's shareholders as a non-executive director. The Company expects to hold an extraordinary shareholder meeting for this purpose in the fourth quarter of 2020.
ROMJF

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07:25 EDT Rubicon Organics expects to achieve monthly positive cash flow in 1H21 - The company said, "Rubicon Organics is focused on producing premium organic certified cannabis products and developing brands for sale to the Canadian market as well as establishing distribution channels to Germany with the expectation to enter international markets in 2021. The Company has three direct supply agreements with the OCS, BCLDB and AGLC and expects to ramp up product deliveries to these markets as well as to access the Quebec market in 2020. The Company plans to continue to use local distributors in Saskatchewan and Manitoba. Following approval from Health Canada on May 5, 2020 for site amendments that included the use of its land at the Delta Facility for an outdoor grow, the Company has launched a pilot scale outdoor grow and is assessing strain suitability to potentially launch a larger outdoor grow program in 2021 with the most successful outdoor strains. The Company is in the process of installing additional high-performance LED lighting in the final three of its five cultivation compartments to supplement sunlight in winter months. Renovations to the Delta Facility's processing area are also underway to facilitate compliance with EU-GMP requirements thereby providing access to the German market. The Company also continues to work to accelerate certain of its innovation pipeline projects. The Company is determined to achieve positive operating cash flow and profitability. The Company currently expects to achieve positive EBITDA on a monthly basis by year-end 2020 and to achieve monthly positive cash flow from operations in the first half of 2021. The Company expects to refinance debt maturing in 2021 to a long-term mortgage financing facility at lower interest rates and may seek other capital through equity, and debt arrangements. The Company expects to list the common shares and 3,150,000 warrants of the Company on the TSXV in September 2020. The Company is actively working to satisfy certain requirements of the TSXV in accordance with the terms of its conditional approval letter."
DSPG

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07:21 EDT DSP Group joins Zigbee Alliance, Project Connected Home over IP initiative - DSP Group announced it has joined the Zigbee Alliance and its Project Connected Home over IP Working Group. DSP Group will contribute its expertise in ULE wireless with native real-time two-way voice support to help deliver upon the promise of Project CHIP, a royalty-free connectivity standard that will increase interoperability among smart home products. The Project CHIP Working Group was started by Amazon, Apple, Google, and the Zigbee Alliance with the goal of developing and promoting the adoption of a new royalty-free connectivity standard to increase compatibility among smart home products, with security as a fundamental design tenet. The aim of the group is to define a specific set of IP-based networking technologies for device certification. By participating in Project CHIP, DSP Group builds upon its already tight collaborative relationships with many of its members, including Google, Amazon, and more recently ADT, to help its customers develop the next generation of smart home devices.
TRNE DM

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07:20 EDT Desktop Metal to become public through business combination with Trine - Desktop Metal, which identifies itself as "a leader in mass production and turnkey additive manufacturing solutions," announced it will become a publicly listed company "in order to accelerate its growth trajectory within the rapidly growing additive manufacturing market and capitalize on the strong secular tailwinds supporting the reshoring of manufacturing and supply chain flexibility." The company has signed a definitive business combination agreement with Trine Acquisition Corp. (TRNE), a special purpose acquisition company led by Leo Hindery, Jr. and HPS Investment Partners, a global credit investment firm with over $60B in assets under management. Upon closing of the transaction, the combined operating company will be named Desktop Metal, Inc. and will continue to be listed on the New York Stock Exchange and trade under the ticker symbol "DM." Pursuant to the transaction, TRNE, which currently holds $300M in cash in trust, will combine with Desktop Metal at an estimated $2.5B pro forma equity value. Assuming no redemptions by TRNE's existing public stockholders, Desktop Metal's existing shareholders will hold approximately 74% of the issued and outstanding shares of common stock immediately following the closing of the business combination. Cash proceeds in connection with the transaction will be funded through a combination of TRNE's cash in trust and a $275M fully committed common stock PIPE at $10.00 per share, including investments from funds and affiliates of Miller Value Partners, XN, Baron Capital Group, Chamath Palihapitiya, JB Straubel, and HPS Investment Partners.
CLSD

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07:20 EDT Clearside Biomedical issued three patents in the U.S., Europe - Clearside Biomedical announced the recent issuance of three additional patents in the United States and Europe. The United States Patent and Trademark Office recently granted patent number 10,722,396 to Clearside. This patent covers Clearside's SCS Microinjector for the suprachoroidal administration of axitinib and expires in 2034. The European Patent Office issued two patents in the largest European markets. Patent number 2,563,429 expires in 2031 and covers a device for the suprachoroidal administration of any therapeutic agent. Patent number 2,916,827 expires in 2033 and covers the use of XIPERE and the treatment of uveitis and other posterior ocular diseases with triamcinolone acetonide. Clearside's 21 granted U.S. patents and its 20 granted European patents provide extensive coverage of the SCS Microinjector device, the use of the device, administration of any drug into the suprachoroidal space by injection, as well as specific product candidates.
MEDIF

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07:19 EDT Medipharm Labs launches sublingual sprays for sale under Avicanna agreement - MediPharm Labs announced its wholly-owned subsidiary, MediPharm Labs Inc., has launched and completed production of a new product format, sublingual sprays, as part of its multi-faceted strategic pharmaceutical manufacturing agreement with Avicanna. Marketed under Avicanna's RHO Phyto medical brand, the RHO Phyto Rapid Act Sprays will be available nationally to Canadian medical patients through the Medical Cannabis by Shoppers online healthcare platform in the coming weeks. RHO Phyto Rapid Act Sprays are optimized for increased absorption and faster onset in comparison to basic MCT sublingual sprays. On May 14, 2020, MediPharm Labs entered a 3-year, multi-faceted agreement with Avicanna involving production, domestic and international distribution and intellectual property licensing that will drive growth for both parties. Under the manufacturing segment of the agreement, MediPharm Labs uses its specialized capabilities to produce Avicanna's advanced RHO Phyto medical cannabis products and Pura Earth dermacosmetic topicals. The RHO Phyto Rapid Act Sprays represent the second Avicanna product format produced at MediPharm Labs GMP-certified facility in Barrie, Ontario. The first was Rho Phyto's Blood Orange flavoured Micro Drops, in both high CBD and medium CBD formula made from full spectrum cannabis distillate. Additional product formats, including topicals, capsules and transdermal patches, are being finalized for production under the contract manufacturing agreement.
CBIIF

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07:17 EDT CB2 Insights partners with Freas Medical Advisors for healthcare services - CB2 Insights announced that it has entered into a Business Services Agreement with the Freas Medical Advisors to expand medical services in Maryland. FMA is also investigating geographic expansion of its relationship with CB2 across other US States. As part of CB2's Direct Primary Care services , patients pay an annual fee of $199 per year for unlimited access to a network of healthcare providers for a range of primary care and urgent care needs. Additionally, the Company offers additional insurable services on a fee for service basis. In partnership with FMA, CB2 will benefit from direct access to a network of pain management, general healthcare, and nursing home facilities servicing thousands of patients per year, seeking complementary healthcare offerings. In addition to building a strong patient referral network, FMA will leverage its connections, network, and resources to help build and maintain a strong business model for CB2 in Maryland. In coordination with this partnership, Dr. Haroon Hameed will take the role of Medical Director for Maryland for CB2's medical services business. Dr. Hameed is a board-certified Physical Medicine and Rehabilitation doctor with over 7 years as an Interventional Pain Specialist in Florida, Maryland, and Virginia. In addition to supporting clinical efforts, Dr. Hameed will also play a critical role in supporting CB2's research initiatives in Maryland and has co-authored a number of peer-reviewed publications to date.
RRC

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07:16 EDT Range Resources publishes updated corporate sustainability report - RANGE RESOURCES announced the publication of an updated Corporate Sustainability Report. The 2020 Corporate Sustainability Report covers a broader and deeper set of topics, with a focus on a material set of issues for the business and key stakeholders, underscoring the Company's commitment to increased transparency around these important initiatives. Emissions Reduction Goals and Performance : Range announced new emissions reductions goals in the updated report. The Company's medium-term goal is to achieve the objective of net zero greenhouse gas emissions by 2025 through continued emissions reductions and the use of carbon offsets associated with reforestation and forest management. As an additional interim goal, Range intends to further reduce GHG emissions intensity relative to 2019 levels by 15 percent by 2025. To achieve these targets, Range continues to invest in new technologies and engineering solutions, implement best-in-class emissions reductions practices and develop improved methods to reliably verify emissions through measurement. These efforts have positioned Range as a leader in emissions reductions amongst peers. Based on third-party data from Rystad Energy, an independent energy research firm, Range is ranked among the lowest in CO2 emissions intensity in a group of 58 global oil and natural gas producers. In addition to the Company's new emissions reduction targets, the report highlights progress Range continues to make towards its broader environmental, social and governance priorities. Strong Governance Culture: Management and oversight of sustainability factors fully integrated into daily operations; Proactive ongoing outreach to shareholders soliciting feedback on ESG efforts; Thirty-three percent of independent directors are female. Health and Safety Leadership: Zero incidents resulting in work restrictions or days away from work experienced by Range employee workforce in 2019; 3,179 hours of safety-related training completed by workforce over past year. Environmental Stewardship: Net Zero GHG Direct Emissions by 2025 through continued emissions reductions and the use of carbon offsets associated with reforestation and forest management, as well as the consideration of all other available and emerging offset methodologies; Continue reducing GHG emissions intensity with interim objective of further reduction of 15 percent by 2025 compared to 2019 GHG emissions intensity levels; Reduced GHG footprint by 47 percent in absolute GHG emissions since 2017; Water management leader: Recycled 147 percent of produced water volume through water sharing program. Community Impact: Contributed over $442,000 to more than 350 non-profit and civic organizations across core operating footprint. Over 700 employee hours volunteered at company-sponsored events and community initiatives.
GNLN

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07:13 EDT Greenlane launches machine manufactured pre-rolled cones - Greenlane Holdings announced the launch of one of the first responsibly sourced, machine manufactured pre-rolled cones on the market. Greenlane's new line of pre-rolled cones are available in three different cone blends: Rice, Natural Brown, and Organic Hemp. The cones are made with the highest quality, organically-sourced paper exclusively processed in France and sealed with 100% natural Arabic gum. The cones come in three sizes, including 1 1/4, Slim and King. Greenlane's pre-rolled cones are exclusively available through bulk orders and can be delivered in two to six weeks, depending on volume. Cones are customizable to the needs of each individual brand with full color CMYK printing available on the crutch.
BOSC

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07:12 EDT B.O.S. Better Online expects to return to net profit in Q3
BOSC

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07:11 EDT B.O.S. Better Online expects Robotics to reach operational breakeven point in Q4
AKTS

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07:08 EDT Akoustis announces third 5G infrastructure design win - Akoustis Technologies announced that it has been awarded a third design win for 5G small cell network infrastructure XBAW filters from an existing tier-1 customer. The Company expects to enter commercial production in the second half of calendar 2020. This third design win is for 5G band n79 small cell network infrastructure filters and follows Akoustis' recently announced wide bandwidth n77 XBAW filter which has now been qualified in the customer's initial build of 5G small cell base stations. Akoustis completed initial sample shipments earlier in the June quarter and expects to increase shipments during the current quarter. The Company's tier-1 OEM customer has received 5G network infrastructure contract awards from the mobile carriers and plans to ramp volume production of all three 5G small cell base station XBAW filters in the second half of calendar 2020.
TRVN

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07:07 EDT Trevena announces publications of OLINVYK respiratory safety analyses - Trevena announced two publications of the respiratory safety data from the OLINVYK development program. Both publications highlight data showing an improved respiratory safety profile for OLINVYK compared to IV morphine. Benefit and Risk Evaluation of Biased mu-Receptor Agonist Oliceridine versus Morphine: Study Summary and Key Findings: A clinical utility function analysis was conducted on the ventilatory response to hypercapnia data from the OLINVYK Phase 1 study. VRH is a validated measure of respiratory function, and opioid medications are known to interfere with the body's normal respiratory drive in response to elevated CO2 levels. Clinical utility function analysis integrates the relative probability of analgesia and respiratory depression over the therapeutic plasma concentration range of a medication. OLINVYK was associated with a higher probability of analgesia than respiratory depression, while the reverse was true for morphine. The clinical utility function model predicted there would be a lower probability of a respiratory event occurring with OLINVYK versus morphine. Over the clinically relevant concentration range, OLINVYK had a higher probability of providing analgesia than producing respiratory depression, while morphine had a higher probability of producing respiratory depression than providing analgesia. Evaluating the Incidence of Opioid-Induced Respiratory Depression Associated with Oliceridine and Morphine as Measured by the Frequency and Average Cumulative Duration of Dosing Interruption in Patients Treated for Acute Postoperative Pain: Study Summary and Key Findings: In a secondary analysis of two Phase 3 randomized controlled trials using PCA dosing in orthopedic and plastic surgeries, the rate of dosing interruptions due to a respiratory safety event and average cumulative duration of interruptions was reported for both OLINVYK and IV morphine. In both studies, the proportion of patients with dosing interruptions was higher with morphine 1 mg compared to OLINVYK 0.35 mg and 0.5 mg. A higher proportion of patients with dosing interruptions was also observed with morphine compared to OLINVYK when the two studies were pooled. The average cumulative duration of interruptions was also lower for all OLINVYK demand doses in both Phase 3 studies compared to morphine. Using dosing interruptions as a potential surrogate for opioid-induced respiratory depression suggests improved respiratory safety with OLINVYK versus morphine.
CARR

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07:06 EDT Carrier announces California school district to install 1,500 OptiClean units - Carrier announced that California's Alvord Unified School District will install 1,500 Carrier OptiClean 1,500 cfm dual-mode air scrubber and negative air machines to purify the air in classrooms across its 23 schools. The school district worked with Climatec, a building solutions consultant, to select OptiClean as the solution to enhance indoor air quality and help ensure a healthy indoor environment for its nearly 20,000 students and staff. Carrier is a part of Carrier Global.
ALT

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07:05 EDT Altimmune presents preclinical data on ALT-801 for NASH - Altimmune announced a preclinical data presentation on ALT-801, its balanced and long-acting GLP-1/glucagon receptor dual agonist under development for NASH, at the Digital International Liver Congress 2020, the 55th Annual Meeting of the European Association for the Study of the Liver, to be held virtually from August 27, 2020 to August 29, 2020. Employing the well-established Gubra mouse model, animals with biopsy-confirmed NASH received ALT-801, semaglutide, a GLP-1 receptor agonist or vehicle subcutaneously for 12 weeks. ALT-801 demonstrated statistically superior reductions in body weight, liver weight, plasma ALT, liver triglycerides and cholesterol, plasma cholesterol, NAFLD activity scores, and fibrosis markers compared to semaglutide. Principal component analysis differentially clustered genes regulated by ALT-801 from those regulated by semaglutide, consistent with a unique gene regulatory signature associated with glucagon receptor activation. ALT-801 also resulted in greater suppression of archetypal genes involved in de novo lipogenesis and fatty acid uptake, inflammation, hepatocellular death, fibrosis and stellate cell activation than semaglutide. The Phase 1 trial will be conducted in Australia and will evaluate the safety, pharmacokinetics and activity of ALT-801 over 6 weeks treatment in overweight and obese volunteers. The readout from this study, which will include validation of the compound's weight loss and liver fat-reducing effects observed in preclinical studies, is expected in the spring of 2021.
RCKT

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07:04 EDT Rocket Pharmaceuticals adds 4 additional clinical trial sites for FA, LAD-I, IMO - Rocket Pharmaceuticals said in a release, "Rocket Pharmaceuticals announces the addition of four additional clinical trial sites across four clinical programs for Fanconi Anemia, or FA, Leukocyte Adhesion Deficiency-I, or LAD-I, Danon Disease and Infantile Malignant Osteopetrosis, or IMO. The newly added centers, which include some of the leading gene therapy research programs in the world, are: Great Ormond Street Hospital, Children's Hospital of Philadelphia, the University of Minnesota and the University of California, Los Angeles."
RNLX

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07:04 EDT Renalytix AI files submission seeking FDA clearance of KidneyIntelX - Renalytix AI announces that it has filed a submission seeking clearance of KidneyIntelX with the U.S. Food and Drug Administration. This FDA filing builds on the Company's regulatory and commercialization program, which includes the June 12, 2020 announcement that the New York State Department of Health has issued a clinical laboratory permit for commercial clinical testing of KidneyIntelX. KidneyIntelX is designed to provide potentially critical new information to health care providers, insurance payors and population health managers in an effort to support optimization of care delivery, improve patient outcomes and reduce the $120B annual cost of chronic and end-stage kidney disease to the United States healthcare system. In May 2019, RenalytixAI announced that KidneyIntelX was granted Breakthrough Device designation by FDA, the first such designation for an artificial intelligence-enabled in vitro diagnostic for kidney disease publicly announced by any company. FDA clearance is now being sought for the intended use of KidneyIntelX, in conjunction with clinical evaluation, as an aid to further assess the risk of progressive decline in kidney function within a period of up to five years in patients over the age of 21 with type 2 diabetes and existing chronic kidney disease. Patients with CKD and type 2 diabetes account for 20-30 percent of the estimated 37 million U.S. patients with CKD2. Performance data provided by RenalytixAI in the FDA 510(k) submission is based on a multi-center validation study of more than 1,100 patients demonstrating that KidneyIntelX accurately identifies patients in early CKD stages 1, 2 and 3 who are at highest risk of progressive decline in kidney function and/or kidney failure.
ONCY INCY

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07:03 EDT Oncolytics doses first patient in Phase 2 study of pelareorep in breast cancer - Oncolytics (ONCY) has dosed the first patient in the company's investigator-sponsored phase 2 study of pelareorep-anti-PD-1 combination therapy in unresectable locally advanced or metastatic triple-negative breast cancer. The study, known as IRENE, is co-sponsored by Oncolytics, the Rutgers Cancer Institute of New Jersey, and Incyte (INCY). Participants in the multi-center study receive pelareorep in combination with Incyte's anti-PD-1 checkpoint inhibitor retifanlimab. The IRENE study builds on prior clinical data showing pelareorep-induced priming of an adaptive immune response in multiple breast cancer subtypes.
CERC

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07:02 EDT Cerecor resumes Phase 1b trial of CERC-002 for Crohn's disease - Cerecor announced it has resumed the Phase 1b clinical study of CERC-002 in anti-TNF refractory adult Crohn's patients with the lifting of the moratorium on elective endoscopy resulting from the COVID-19 pandemic. CERC-002 is a first-in-class fully human anti-LIGHT monoclonal antibody currently being developed as a treatment for severe pediatric onset Crohn's disease as well as in a placebo-controlled proof-of-concept trial evaluating the safety and efficacy in patients with COVID-19 cytokine storm-induced Acute Respiratory Distress Syndrome. The open-label, dose-escalating, signal-finding Phase 1b clinical study is designed to assess the safety, tolerability, and short-term efficacy of CERC-002 in adult subjects with moderate-to-severe Crohn's disease who have previously failed treatment with anti-TNF agents. The Company expects to announce topline data in the first quarter of 2021.
GTX

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06:47 EDT Garrett Motion exploring alternatives for balance sheet restructuring - Garrett Motion announced that, with the assistance of its financial and legal advisors, it is exploring alternatives for addressing its previously disclosed balance sheet concerns. The company stated, "On June 12, 2020, Garrett entered into an amendment to its credit agreement to obtain relief from certain financial covenants, including the consolidated leverage ratio, in light of current and anticipated operating conditions. However, as disclosed in Garrett's quarterly report on Form 10-Q for the three months ended June 30, 2020, notwithstanding the relief provided by the credit agreement amendment, Garrett's leverage ratio remains high and we expect will remain so for at least the next several quarters. Garrett's leveraged capital structure poses significant challenges to its overall strategic and financial flexibility and may impair its ability to gain or hold market share in the highly competitive automotive supply market, thereby putting Garrett at a meaningful disadvantage relative to its peers. In addition, Garrett's high leverage is exacerbated by significant claims asserted by Honeywell against certain Garrett subsidiaries under the disputed subordinated asbestos indemnity and the tax matters agreement. These arrangements were a part of an inappropriate capital structure imposed by Honeywell on Garrett as part of its 2018 spin-off that has proven ill-suited to cope with any meaningful challenges at the macroeconomic level, much less those Garrett faces amid a global pandemic. As previously disclosed, payment on the disputed claims by Honeywell has been generally deferred until the second quarter of 2023, but the possibility of the disputed claims being payable in the future - combined with Garrett's high leverage and competitive situation - create a substantial additional overhang on Garrett's balance sheet and impede Garrett's access to capital and its ability to execute its strategy. As a result, Garrett sees a substantial risk that it will not be able to distribute value to its stockholders in the future, despite its strong operating performance and compelling business prospects. Garrett is seeking to address its balance sheet concerns while its core business remains strong in order to preserve the resources necessary to provide exceptional service to its customers, be a reliable partner to its suppliers and other stakeholders, and act as a stable and desirable employer. Garrett has ample liquidity to support its current and future commitments to customers, suppliers, employees and other business partners without interruption, with available cash and undrawn revolver capacity totaling $482 million as of June 30, 2020. Despite the near-term disruption to the automotive industry and the global economy from COVID-19 and the company's over-levered capital structure, Garrett has continued its track record of operational excellence. However, Garrett believes the business must take important steps to maintain its leadership position in light of industry headwinds. In particular, coming out of this crisis, automakers will likely encounter even tougher emission reduction targets and technical challenges that will require new technology to be developed and funded by the major auto suppliers. At the same time, the industry also faces continued uncertainties over the longer-term impact of the pandemic, as well as risk of other similar macroeconomic shocks. We believe that Garrett, with a restructured balance sheet and improved financial flexibility, will be uniquely positioned to bring customers the cutting-edge technologies and required solutions to benefit fully from a global regulatory environment driving future vehicle development. Additionally, Garrett will have the ability to invest to further strengthen its position as a market leader in turbocharger technology and expand its presence in the electric software and automotive software markets. Garrett has not yet determined whether to pursue any balance sheet restructuring alternatives. However, any actions taken by Garrett in relation to liability management may materially reduce the value or trading price of our common stock, dilute existing holders of our common stock by the issuance of equity (whether through conversion of existing liabilities into equity or otherwise), or result in the cancellation of existing common stock. There can be no assurance that recoveries in any restructuring will approximate current trading prices of Garrett's securities."
CSPR

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06:32 EDT Casper Sleep appoints Michael Monahan as CFO - Casper Sleep has appointed Michael Monahan as CFO effective August 31. Casper's Interim CFO Stuart Brown has resigned, effective August 31, but will continue to support the company as a consultant during the transition period. Monahan most recently, Michael served as CFO of HEXO Corp., and prior to that he was CFO of Nutrisystem.
PEP

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06:07 EDT PepsiCo announces multi-year premier partnership with UEFA Women's football - PepsiCo said in a release, "Ahead of the UEFA Women's Champions League final on August 30th, PepsiCo has announced its multi-year premier partnership with UEFA Women's football, further strengthening its presence across the elite football landscape. PepsiCo's UEFA Women's football partnership will sit alongside its current multi-year sponsorship of the Men's UEFA Champions League. The five year partnership will see PepsiCo support women's football at all levels through to Summer 2025, with PepsiCo a main partner of the UEFA Women's Champions League, the UEFA Women's EURO, the UEFA Women's Under-19 and Under-17 Championships, and the UEFA Women's Futsal EURO, as well as UEFA's Together #WePlayStrong program, which is aimed at encouraging more girls and women to play football."
RY

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06:05 EDT Royal Bank of Canada reports Q3 ROE 15.7%, down 100 bps y/y
DY

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06:05 EDT Dycom authorizes new $100M stock repurchase program - Dycom said in a release, "Dycom Industries announced that its board has authorized a new $100 million program to repurchase shares of Dycom's outstanding common stock. Repurchases under the new program are authorized to be made over the next eighteen months in open market purchases or privately-negotiated transactions, including pursuant to a Rule 10b5-1 plan. As of August 26, the Company had 31,839,247 shares of common stock outstanding, excluding the dilutive effect of stock options and unvested restricted stock."
RY

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06:05 EDT Royal Bank of Canada reports Q3 CET1 ratio 12% - Well above regulatory requirements.
RY

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06:04 EDT Royal Bank of Canada reports Q3 provision for credit losses C$675M - The total PCL ratio on loans was 40 bps, down 125 bps from last quarter.
MYO

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06:03 EDT Myomo issued new patents for MyoPro in U.S. and Europe - Myomo announced the issuance of new patents in the U.S. and Europe related to MyoPro, its wearable robotic brace for arm and hand paralysis. The USPTO has notified the company that Patent No. 10,758,394 will issue September 1. This extends the patent life on most MyoPro models through March 2039 as the protected technology now covers the use of the device for multiple joints, including a hand actuator. In addition, the European Patent Office has notified Myomo of the impending issuance of a new parallel patent covering its 38 member countries. With these patent grants, the company now has 12 patents issued worldwide, 2 exclusive licensed patents and 9 patents pending relating to MyoPro.
PLL

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06:01 EDT Piedmont Lithium resumes drilling in Carolina Tin-Spodumene Belt - Piedmont Lithium is pleased to announce the company has resumed drilling on its properties located within the world-class Carolina Tin-Spodumene Belt in North Carolina, USA. The drill program will consist of approximately 5,600 meters. The program's primary objectives are to drill Exploration Target areas on the Core and Central properties, as well as previously untested occurrences of spodumene bearing pegmatite on regional properties.
TLC

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05:46 EDT Taiwan Liposome, 3SBio announce acceptance of MAA for Ampholipad in China - Taiwan Liposome said in a release, "TLC, in conjunction with 3SBio, announced that the Center for Drug Evaluation, or CDE, of the China National Medical Products Administration (NMPA, formerly China Food and Drug Administration) has accepted its Marketing Authorization Application, or MAA, for Ampholipad, TLC's complex generic of Gilead's AmBisome (amphotericin B liposome for injection) used for the treatment of systemic fungal infections. AmBisome is currently not available in mainland China. Under the terms of the partnership, TLC will receive a milestone payment for achieving this regulatory landmark."
SEED

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05:43 EDT Origin Agritech announces commercialization agreement for new corn gene - Origin Agritech said in a release, "Origin Agritech announced that the Company has entered a commercialization agreement with Institute of Plant Protection, or IPP, of the Chinese Academy of Agricultural Sciences, or CAAS, for a new generation insect-resistant GMO corn gene. Origin has been collaborating closely with CAAS for more than 10 years, and IPP supplied Origin with the insect-resistant gene and with technological support. Origin has since taken the gene and created transgenic corn and further went on to validate the efficacy of the insect-resistant gene. Given that the project has cleared this major hurdle, the parties have expanded their collaboration into a commercialization agreement. Under the terms of the agreement, the parties will continue to work together and intend to jointly file for patents on the transgenic corn and other crops created from this gene. Origin will be responsible for obtaining a bio-safety certificate, a key step needed before commercialization in China. Origin will retain exclusive worldwide rights to commercialize all crop seed containing this gene and in return will pay a single-digit percentage of sales royalty to IPP."
WU

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05:07 EDT Western Union renews relationship with Producers Bank - Western Union said in a release, "Western Union has renewed its relationship with Producers Savings Bank Corporation (also known as Producers Bank). With the renewed agreement, customers in the Philippines will continue to have access to convenient money transfer services, enabling them to send and receive money to and from their loved ones around the world. Western Union service is currently available at more than 250 Producers Bank retail locations."
FLDM

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04:53 EDT Fluidigm receives Emergency Use Authorization from FDA for Covid-19 test - Fluidigm announced it has received Emergency Use Authorization from the Food and Drug Administration for the Advanta Dx SARS-CoV-2 RT-PCR Assay, an extraction-free saliva-based test to detect nucleic acid from the SARS-CoV-2 virus, designed to be run on the Fluidigm Biomark HD microfluidics platform. Because it is saliva-based, the Advanta Dx SARS-CoV-2 RT-PCR Assay does not require collection via nasopharyngeal swab, the company said in a statement. The clinical study associated with the Emergency Use Authorization submission demonstrated 100% agreement between the saliva results from the Advanta Dx SARS-CoV-2 RT-PCR Assay and the results from paired nasopharyngeal samples tested with authorized assays, it added.