Stockwinners Market Radar for September 10, 2020 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DOCU

Hot Stocks

20:19 EDT DocuSign COO sells 5.8K shares of common stock - In a regulatory filing, DocuSign disclosed that its COO Scott Olrich sold 5.8K shares of common stock on September 9th in a total transaction size of $1.22M.
CHWY

Hot Stocks

20:18 EDT Chewy CEO sells 79.3K shares of common stock - In a regulatory filing, Chewy disclosed that its CEO Sumit Singh sold 79.3K shares of common stock on September 9th in a total transaction size of $4.97M.
RIO

Hot Stocks

19:46 EDT Rio Tinto CEO J-S Jacques to step down - The company states: "Following the publication on 24 August 2020 of the Board Review of Cultural Heritage Management, undertaken in response to the destruction of the Juukan rockshelters in May 2020, the Board of Rio Tinto has engaged extensively with shareholders, Traditional Owners, Indigenous leaders and other stakeholders. While there is general recognition of the transparency of the Board Review and support for the changes recommended, significant stakeholders have expressed concerns about executive accountability for the failings identified.By mutual agreement, J-S Jacques will step down from his role as an executive director and Chief Executive of the Group. A process to identify his successor is underway. J-S will remain in his role until the appointment of his successor or 31 March 2021, whichever is earlier. This will ensure business continuity to maintain the strong performance of the Group's global operations during COVID-19."
RH

Hot Stocks

18:33 EDT RH CEO: We are trying to do something new - In an interview on CNBC's Mad Money, Gary Friedman said clearly there is a consumer shift that is happening and the company is benefiting from it. He expects systemic shifts in spending to last a year or two. "Our focus is to elevate every aspect of the RH brand." Friedman said. "A compelling vision and strategy for the future is the most important thing for us. Physical retailing is not dead, it simply lacks imagination," he noted.
AAPL...

Hot Stocks

18:25 EDT Epic says Apple provides extension on supporting 'Sign In with Apple' - Epic's Twitter account for "Fortnite" said that while Apple (AAPL) stated they would terminate "Sign In with Apple" support for Epic Games accounts after Sept 11, 2020, today the tech giant provided an indefinite extension. "We still recommend you prepare your accounts now for "Sign In with Apple" removal," Epic said. Investors in Epic include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony (SNE). Reference Link
CUB

Hot Stocks

18:11 EDT Cubic awarded $193.3M Air Force contract - Cubic has been awarded a $193.3M single-award, firm-fixed-price, cost-reimbursable-no-fee contract for the P5 Combat Training System, or P5CTS, contractor logistic support. This contract provides continuous depot-level contractor services by replacing the previous contract that expired on July 20. Work will be performed in San Diego and is expected to be completed September 2027. This is a mix of Foreign Military Sales, or FMS, and non-FMS requirements. FMS customers comprise an estimated 56% of the value of the contract and include Australia, Egypt, Morocco, Oman, Poland, Qatar, Saudi Arabia, Singapore and United Kingdom. FY20 through FY25 operations and maintenance; research, development, test and evaluation; aircraft procurement and FMS funds are expected to be placed against the contract. FMS funding in the amount of $236,134 are being obligated at time of award. This award is the result of a sole-source acquisition. Air Force Life Cycle Management Center is the contracting activity.
LYRA

Hot Stocks

18:05 EDT Lyra Therapeutics presents clinical data of LYR-210 in chronic rhinosinusitis - Lyra Therapeutics presented data showing that LYR-210 demonstrated a "significant reduction" of sinonasal Type 2 inflammation in surgically naive patients with chronic rhinosinusitis. The reduction of Type 2 inflammation suggests a correlation with rhinologic symptom improvement in CRS and could be a potential measure of LYR-210's local anti-inflammatory effects at the site of inflammation in the sinonasal passages. The results showing LYR-210's influence on local Type 2 inflammatory response in CRS patients are secondary findings from the company's Phase 1 clinical study of LYR-210. The clinical finding of LYR-210's effect on Type 2 inflammation is presented as one of three poster presentations made by Lyra and its research collaborators at the 66th Annual Meeting of the American Rhinologic Society. LYR-210 significantly reduced sinonasal T2 inflammation markers IL-13, CCL26 and periostin in surgically naive CRS patients with and without polyps. Other T2 markers, IL-5 and CCL18, showed a trend toward reduction with LYR-210. Patients treated with a single administration of LYR-210 reported rapid, durable and clinically relevant improvement in CRS symptoms over the 24-week study.
PTON

Hot Stocks

17:43 EDT Peloton says original bike should continue to be top seller
IPHI

Hot Stocks

17:36 EDT Inphi CFO sells 11K shares of common stock - In a regulatory filing, Inphi disclosed that its CFO John Edmunds sold 11.0K shares of common stock on September 9th in a total transaction size of $1.14M.
XENT

Hot Stocks

17:34 EDT Intersect ENT signs Sinuva distribution agreement with AllianceRx Walgreens - Intersect ENT has executed a pharmacy services agreement with AllianceRx Walgreens Prime for national specialty pharmacy distribution of the company's Sinuva Sinus Implant. The agreement will facilitate broader physician and patient access to Sinuva by using the specialty pharmacy infrastructure of AllianceRx Walgreens Prime to dispense Sinuva through either a patient's medical or pharmacy insurance benefit. Sinuva is a non-surgical, corticosteroid-eluting implant for the treatment of nasal polyps in adult patients who have had ethmoid sinus surgery.
GSHD

Hot Stocks

17:31 EDT Goosehead Insurance CEO sells 20.7K shares of common stock - In a regulatory filing, Goosehead Insurance disclosed that its CEO Mark Evan Jones sold 20.7K shares of common stock on September 9th in a total transaction size of $2.07M.
BAK

Hot Stocks

17:30 EDT Braskem launches commercial production at La Porte production line - Braskem announced the successful launch of commercial production at its newest, world-class polypropylene production line located in La Porte, Texas. Braskem's new line has a production capacity of over 450 kilotons (kt) or 1 billion pounds per year and has the capability to produce the entire polypropylene portfolio including a broad range of products including homopolymer, impact copolymer and random copolymers. Construction began October 2017 with the final phase of mechanical construction completed in June 2020. The launch of commercial production follows the successful completion of the commissioning process as well as the achievement of Braskem's high product quality assurance protocols.
PTON

Hot Stocks

17:23 EDT Peloton to invest in new products, scaling production - Says will invest in new products and scaling production. Says resuming treadmill and bike shipments in nearly all regions. Says Tread+ had minimal revenue impact on the quarter. Says guidance reflects "substantial refunds" which had an impact on revenue in the period. Says price reductions and refunds will affect Q1 revenue. Says introduction of new treadmill will have minimal impact on revenue in FY21, but will have greater impact in FY22.
AMRK

Hot Stocks

17:21 EDT A-Mark Precious Metals up over 10% at $28.74 per share after Q4 results
AMRK

Hot Stocks

17:21 EDT A-Mark Precious Metals to pay $1.50 per share special dividend - A-Mark's Board of Directors approved a special dividend of $1.50 per common share. The special dividend will be paid on or about September 25, 2020 to stockholders of record as of September 21, 2020.
EBAY

Hot Stocks

17:16 EDT eBay founder Pierre Omidyar to step down from board responsibilities - The company states: "eBay Inc announced the appointment of Carol Hayles and Mohak Shroff to its Board of Directors. Separately, the company also announced that Jesse Cohn will step down from the Board of Directors effective immediately. Additionally, eBay founder Pierre Omidyar, will step back from board responsibilities, and transition to the role of Director Emeritus."
PTON

Hot Stocks

17:14 EDT Peloton sees treadmill as bigger opportunity than bikes - Sees treadmill as bigger opportunity than bikes. Says remains "very excited" about Peloton Digital. Sees digital subscriptions growth tapering.
PTON

Hot Stocks

17:09 EDT Peloton says 'much work to be done' to reduce wait times for bikes - Says strong COVID-19 tailwind continued in Q4 and Q1. Says there remains "much work to be done" in terms of reducing wait times for bikes amid a boost in sales. Says nearly all 103 showrooms now open for appointments. Comments taken from Q4 earnings conference call.
ORCL

Hot Stocks

17:04 EDT Oracle CEO says SaaS momentum very strong, will continue to get even better - Says will not make any comments on TikTok speculation. Comments taken from Q1 earnings conference call.
CLBK

Hot Stocks

17:02 EDT Columbia Financial authorizes share repurchase program of up to 5M shares - Columbia Financial has authorized a new stock repurchase program to acquire up to 5M shares, or approximately 4.3%, of the company's currently issued and outstanding common stock commencing on September 15. The stock repurchase program was adopted following the receipt of a notice of non-objection from the Federal Reserve Bank of Philadelphia.
NOG

Hot Stocks

17:00 EDT Northern Oil and Gas provides operations update - The company said, "Northern has seen steady and marked improvement in operations throughout the third quarter of 2020. Realized oil pricing differentials have narrowed from wide levels experienced in the second quarter. Northern also expects a significant reduction in per unit lease operating expenses in the third quarter compared to the second quarter. Operators have continued to return shut-in and curtailed production to sales at a steady rate, at or above Northern's internal forecasts. Northern is adjusting its third quarter of 2020 production guidance upward from 22,500 - 30,000 Boe per day to 25,000 - 30,000 Boe per day, an increase of 1,250 Boe per day at the midpoint. Inclusive of today's announced acquisition, Northern continues to be well within its stated capital budget of $175 - 200 million for 2020 and does not currently anticipate accessing its $50 million reserve budget for accelerated completions."
NOG

Hot Stocks

16:52 EDT Northern Oil and Gas acquires non-operated interests in the Delaware Basin - Northern Oil and Gas announced an acquisition in the Delaware Basin and other business updates. Northern has acquired non-operated interests in the Delaware Basin from an undisclosed seller consisting of approximately 66 net acres, on which 1.1 initial net wells have been proposed. The proposed wells are expected to be spud in late 2020 and/or early 2021 and turned in line beginning in Q2 of 2021. The underlying acreage carries additional future development upside. The assets are operated by EOG Resources and located in Lea County, New Mexico. Total acquisition costs plus the initial development costs on the 1.1 net wells are expected to be approximately $11.9M. Northern expects approximately 54% of this capital to be incurred in 2020, all of which would be within Northern's previously stated 2020 capital budget. Northern expects monthly peak production of approximately 1,400 Boe per day on the initial wells late in Q2 of 2021. Upon turning in line, Northern expects these assets to be accretive to EV and EBITDA, corporate return on capital employed, earnings per share, and free cash flow metrics in 2021 and beyond.
CNA

Hot Stocks

16:45 EDT CNA names Santosh Bardwaj chief data & analytics officer - CNA announced the appointment of Santosh Bardwaj as Senior Vice President, Chief Data & Analytics Officer, effective September 14, 2020. In this role, Bardwaj will have oversight and leadership for CNA's enterprise data and analytics function, and will report to Michael Costonis, Executive Vice President & Chief Operations Officer. "Santosh's proven track record and strong leadership acumen, coupled with the depth of experience driving advanced analytics transformation, makes him the ideal candidate for Chief Data & Analytics Officer," Costonis said. "Under Santosh's leadership, CNA will extend and accelerate our advanced analytics and data science capabilities across the insurance value chain, leveraging cutting-edge, cloud-based technologies and partnerships."
BKNG

Hot Stocks

16:45 EDT Booking Holdings to reduce Booking.com's global workforce by about 10% - In a regulatory filing, Booking Holdings said, "On September 3, 2020, the company approved a plan for Booking.com's reduction in force that impacts approximately 10% of Booking.com's global workforce, which does not include intended reductions in force in certain other countries (including the Netherlands and the United Kingdom) where Booking.com continues to be engaged in the process of consulting with its works councils, employee representatives and other relevant organizations. Restructuring actions under the Approved Plan commenced on September 7, 2020 and are expected to be substantially completed by December 2020. In connection with the Approved Plan, the company expects to incur employment termination and related costs in the estimated range of $50 million to $55 million. The Approved Plan does not include actions related to the leased facilities impacted by the reduction in force and other contract terminations or modifications, as the company's evaluation of various alternative courses of action is still in progress. As the company consults with works councils, employee representatives and other organizations regarding its intentions, the company expects to develop more clarity on the timing, the number of affected employees, financial impact and other aspects of the contemplated cost reduction actions in the remaining countries that are not part of the Approved Plan. Subject to such ongoing consultations, the company still expects to reduce Booking.com's global workforce by up to approximately 25%, including those employees impacted by the Approved Plan."
ATNX

Hot Stocks

16:45 EDT Athenex CEO Lau buys over $112K in shares - Athenex CEO Yiu-Nam Lau purchased 10,000 shares of company stock for $11.22 per share on September 10 for a total transaction of $112,200.
KDP MDLZ

Hot Stocks

16:43 EDT Keurig Dr Pepper holder Mondelez reduces stake by $363M - In a regulatory filing, Keurig Dr Pepper (KDP) disclosed that its holder Mondelez (MDLZ) sold 12.5M shares in a total transaction size of $362.7M, reducing its overall stake by 7%.
ZUMZ

Hot Stocks

16:40 EDT Zumiez up 9.5% at $27.59 per share after Q2 results, Q3 sales update
ZUMZ

Hot Stocks

16:39 EDT Zumiez ended Q2 with 645 or 89.6% of 720 stores open - The company ended the second quarter with 645 or 89.6% of our 720 stores open with the primary closures being in California and Australia due to government mandates. As of Labor Day September 7, 2020, 35 stores or 4.9% of the store base remained closed.
ZUMZ

Hot Stocks

16:38 EDT Zumiez sees Q3 QTD sales down 14% - Zumiez states: "The Company is providing quarter-to-date sales through Labor Day, Monday September 7th, as this time period is more comparable to the prior year given the shift in the Labor Day holiday. Total third quarter-to-date sales for the 37 days ending September 7, 2020 were down approximately 14%, compared with the same 37 day time period in the prior year ended September 9, 2019. Total comparable sales for the 37 day period ending September 7, 2020 were down 5.1%. By channel, open store comparable sales decreased 10.7% and e-commerce sales increased 27.4%."
PLAY

Hot Stocks

16:35 EDT Dave & Buster's down 5% to $17.15 after mixed Q2 results
DIS IBM

Hot Stocks

16:33 EDT IBM, ESPN announce Trade Assistance with IBM Watson - IBM (IBM) and Disney's (DIS) ESPN announced Trade Assistant with IBM Watson, a new feature to the ESPN Fantasy Football app designed to help fantasy football players make more informed, fair trades throughout the 2020 season. The feature builds on ESPN and IBM's efforts to make playing Fantasy Football more engaging by utilizing artificial intelligence. Trade Assistant with IBM Watson is designed to reduce the complexities of fantasy football trades by suggesting trades that assess the fairness and value of a proposed trade - helping fantasy football players make smarter, more informed decisions. Trade Assistant with IBM Watson will assess the value of a player on a roster, the cost of losing a player and the equity involved in a trade. The new IBM feature is integrated only into ESPN Fantasy Football apps.
BEN

Hot Stocks

16:31 EDT Franklin Resources reports August-end AUM $1.44T vs. $1.43T in July-end - Franklin Resources reported preliminary month-end assets under management of $1,441.3 billion at August 31, 2020, compared to $1,428.2 billion at July 31, 2020.
GHC

Hot Stocks

16:30 EDT Graham Holdings to repurchase up to 500,000 class B shares - Graham Holdings Company announced that its board of directors has authorized the company to acquire up to 500,000 shares of its Class B common stock. The company did not announce a ceiling price or time limit for the purchases.
RAIL

Hot Stocks

16:25 EDT FreightCar America to permanently close Shoals manufacturing facility - Jim Meyer, President and Chief Executive Officer of FreightCar America said, "Today we have announced the difficult, but necessary, decision to exit our Shoals manufacturing facility by early 2021. As part of our 'Back-to-Basics' multi-year plan, we have taken significant cost out of our business, while making significant investments in our products, people and processes. The efforts of our Shoals' team helped us to reduce our breakeven production levels by roughly one-third since the start of the plan. However, the ongoing impact of the industry downturn has been further intensified by the COVID-19 pandemic and required an additional and significant response to both protect our franchise and reposition the business for immediate success post-downturn." Meyer concluded, "Today's news is both a sad end and a new beginning for FreightCar America. We owe our Shoals' team a great deal of gratitude and thank them for everything they have done for the Company. We will provide transition assistance for them as part of the planned shutdown. As we look forward, we do so with an eye to become the lowest cost and highest quality producer in our industry. We will operate from a new position of strength and our portfolio will not only be more competitive, it will be broader in scope and capability given our improved cost structure. We remain committed to completing the work against the 750-to-1,000 delivery goal we set for the second half of 2020. Our customers have been very consistent on the importance of the Company as an alternative supplier, and we believe they will be highly supportive of these decisions as today's announcement makes us a much stronger partner moving forward. Lastly, we ended the second quarter with over $52 million in cash and cash equivalents and will continue to prioritize our balance sheet, while we invest prudently in our future through today's strategic announcement."
IVZ

Hot Stocks

16:25 EDT Invesco reports August AUM up 4.2% sequentially to $1.25B - Invesco reported preliminary month-end assets under management of $1.25B, an increase of 4.2% versus previous month-end. The firm achieved total net inflows of $6.9B this month. Overall net long-term inflows were $2.4B. Non-management fee earning net inflows were $3.8B and money market net inflows were $0.7B. AUM was positively impacted by favorable market returns, which increased AUM by $40B. FX increased AUM by $3.5B. Preliminary average total AUM for the quarter through August 31 were $1.2B, and preliminary average active AUM for the quarter through August 31 were $895.2B.
RAIL

Hot Stocks

16:25 EDT FreightCar America in talks to buy Fasemex's interest in Castanos JV - FreightCar America announced additional steps in its manufacturing and operational realignment as it plans to acquire its partner's 50% interest in the joint venture in Castanos, Mexico and consolidate all of its production there by January. As part of this decision, the company has started the process to permanently close its manufacturing facility in Cherokee, Alabama. The closure of the Shoals manufacturing facility will further align costs and manufacturing capacity with the current realities of depressed railcar demand, which have been magnified by the ongoing COVID-19 pandemic. Additionally, the closure of Shoals will accelerate the Company's goal to achieve profitability on significantly lower railcar volumes. The Company will continue to produce railcars at Shoals through approximately the end of 2020, with the full closure expected by the end of the first quarter of 2021. In September 2019, the company announced the formation of a 50-50 joint venture with Fabricaciones y Servicios de Mexico, S.A. de C.V., to manufacture new railcars and convert existing railcars at a new facility in Castanos, Mexico. This facility recently started production of its first order and is working to achieve AAR certification this fall. A second production line is expected to be operational by year-end and additional lines will be added as market conditions improve. Each production line has capacity of approximately 1,000 railcars per year. The company is now engaged in negotiations to acquire Fasemex's interest in the joint venture under a letter of intent and expects to complete the acquisition later this year.
APAM

Hot Stocks

16:23 EDT Artisan Partners reports AUM as of August 31 $136.5B - Artisan Partners Asset Management reported that its assets under management as of August 31 totaled $136.5B. Separate accounts accounted for $73.3B of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $63.2B.
AB

Hot Stocks

16:21 EDT AllianceBernstein reports preliminary AUM $643B as of Augst 31 - From $623B at the end of July. The 3.2% increase was due to market appreciation and firmwide net inflows.
AMK

Hot Stocks

16:20 EDT AssetMark reports platform assets of $68B at the end of August, up 19.1% - AssetMark Financial Holdings released its "AssetMark Monthly Knowledge" Report. Company highlights for the month of August 2020 include: Platform assets of $68B at the end of August, up 19.1% year-over-year. Net flows were $54M in the month of August, up 6.7% year-over-year.
EXTN

Hot Stocks

16:18 EDT Exterran COO Girish Saligram to resign - Exterran announced that Girish Saligram communicated his voluntary resignation as COO, effective September 25, to assume the CEO position at another company. Saligram is continuing in his role through September 25 and will assist the company in the transition of his responsibilities following his resignation. Saligram's responsibilities will be reassigned internally during this transition period.
RM

Hot Stocks

16:18 EDT Regional Management sees 'rebounding loan demand', August originations up 34% - The company states: "As of August 31, 2020, our credit profile remains stable, demand for our loan products continues to rebound, our balance sheet remains strong, and we maintain access to ample liquidity to fund our business operations and growth. Our proven operating model and financial strength enable us to continue to provide our customers with responsible and affordable credit solutions as the COVID-19 pandemic persists. As of August 31, 2020, our 30+ day contractual delinquency rate was 4.6%, compared to 4.5% as of July 31, 2020 and 4.8% as of June 30, 2020. Our 30+ day contractual delinquency totaled $47.8 million as of August 31, 2020, compared to $46.3 million as of July 31, 2020 and $49.5 million as of June 30, 2020. Demand for our loan products has continued to recover, with total originations increasing to $105.8 million in August, up 34% from $79.0 million in June. Our branch originations rose 21% to $80.8 million in August from $67.0 million in June. Our direct mail marketing campaigns and digital channels produced $24.9 million of originations in August, an increase of $12.9 million, or 108%, from June. Because September is typically a slower month for originations, we anticipate fewer branch, direct mail, and digital originations in September than in August."
PTON

Hot Stocks

16:16 EDT Peloton up 1.9% after reporting Q4 earnings, giving Q1, FY21 guidance
VRTS

Hot Stocks

16:15 EDT Virtus Investment reports preliminary total AUM $118.2B as of August 31
VICI

Hot Stocks

16:15 EDT VICI Properties raises quarterly dividend by 11% to 33c per share - The dividend will be payable on October 8, 2020 to stockholders of record as of the close of business on September 30, 2020.
SLGL

Hot Stocks

16:14 EDT Sol-Gel Technologies NDA for Epsolay accepted for filing by FDA - Sol-Gel Technologies announced that its new drug application, or NDA, for Epsolay, an investigational proprietary topical cream for the treatment of inflammatory lesions of rosacea, containing 5% encapsulated benzoyl peroxide, has been accepted for filing by the FDA. The Prescription Drug User Fee Act, or PDUFA, goal date assigned by the FDA for Epsolay is April 26, 2021. The NDA filing is based on two positive, identical Phase 3 randomized, double-blind, multicenter, 12-week, clinical trials that evaluated the safety and efficacy of Epsolay compared to vehicle in patients with papulopustular rosacea.
T

Hot Stocks

16:14 EDT AT&T CFO says planning to launch ad-based HBO Max version - The company states: "AT&T plans to launch an advertising-based version of HBO Max and continues to look for opportunities to leverage the platform to identify both new content distribution opportunities as well as new audiences for the company's expansive library to further drive customer acquisition and engagement." Regarding Capital Allocation, "Stephens reiterated that AT&T continues to invest to support growth in its areas of market focus - broadband connectivity and software-based entertainment. Also, the company is investing in its transformation and efficiency efforts. Stephens said AT&T continues to expect a dividend payout ratio at year-end 2020 in the 60s% range and that the company is targeting the low end of that range.2 The company plans to use excess cash after dividends to further reduce net debt. Since the close of the Time Warner transaction, AT&T has reduced net debt by about $30 billion and, since the first quarter of 2020, the company has taken advantage of historically low interest rates to push out near-term debt obligations by about $30 billion."
T

Hot Stocks

16:12 EDT AT&T CFO sees limited visibility on extent, duration of COVID impact - The company states: "John Stephens, CFO of AT&T Inc, spoke recently at the Bank of America Securities 2020 Media, Communications & Entertainment Conference where he provided an update to shareholders. Confident in ability to generate strong cash flows. Stephens said that the company continues to have limited visibility into the extent and duration of the impact of COVID and resulting government actions on the economy. In addition, while WarnerMedia continues to be impacted in areas such as the timing of theatrical releases as well its production schedule, the resumption of sports is expected to shift the timing of advertising revenues and costs into the third quarter from the second quarter. Despite these fluid dynamics, Stephens reiterated that AT&T remains confident in its ability to generate strong cash flows given the resiliency of wireless and broadband services and continued demand for business connectivity. Stephens said the wireless market remains very competitive but that AT&T continues to see benefits from its investment in significantly improving network capacity over the past few years. HBO Max traction continues. AT&T is pleased with the initial success of HBO Max, including its activation growth and solid levels of viewer engagement. The company continues to see weekly viewing hours for HBO Max that are significantly higher than for HBO Now."
PLAY

Hot Stocks

16:11 EDT Dave & Buster's provides update on store reopenings - The company's Q2 financial results were severely impacted by the effects of the COVID-19 pandemic when compared against the results of the second quarter of 2019. As of March 20, all of the company's stores were temporarily closed in compliance with state-by-state COVID-19 mitigation mandates. The company reopened one store on April 30, had re-opened 26 stores by the end of May, 66 stores by the end of June, and ended the second quarter with 84 re-opened stores in 27 states. As of September 9, the company had reopened 89 stores, all operating under reduced hours and capacity limitations.
ORCL

Hot Stocks

16:09 EDT Oracle up approximately 4% to $59.66 after Q1 results beat estimates
GOGO

Hot Stocks

16:08 EDT Gogo 'welcomes' GTCR's interest - Gogo commented on the disclosure that certain affiliates of GTCR, a leading private equity firm, have acquired a 14.8% interest in Gogo's common stock. "We welcome GTCR's interest in Gogo and look forward to an ongoing and constructive dialogue as we execute our strategic plan," said Oakleigh Thorne, Gogo's President and CEO. "We believe GTCR shares our vision for Gogo and the opportunity to continue to create value for all shareholders." "We believe Gogo's decision to focus on its leading business aviation business will create a stronger company that is well-positioned to grow in an attractive market," said Mark Anderson, Managing Director at GTCR. "We look forward to supporting Gogo as it completes the sale of the commercial aviation business and seeks to capitalize on the compelling opportunity in business aviation."
ICFI

Hot Stocks

16:07 EDT ICF International awarded $100M in Head Start contracts - ICF was recently awarded one new and four re-compete contracts to support Head Start programs across 18 states and the District of Columbia. The contracts, which were awarded by the Department of Health and Human Services, Administration for Children and Families, have a total combined value of over $100M and each has a term of five years, including one 11-month base and four 12-month options. Under the contracts, ICF will provide training and technical assistance to improve services to Head Start grantees to enable them to promote school readiness of children under 5 from low-income families.
BCYC

Hot Stocks

16:06 EDT Bicycle Therapeutics doses first patient in Bicycle Toxin Conjugate BT8009 - Bicycle Therapeutics announced the first patient has been dosed in the Phase I dose escalation portion of a company-sponsored Phase I/II trial of BT8009, a Bicycle Toxin Conjugate targeting Nectin-4. BT8009 is a second-generation BTC, which uses a valine-citrulline cleavable linker and a cytotoxin MMAE payload. It targets Nectin-4, which is a well-validated tumor antigen. Overexpression of Nectin-4 has been observed in several common tumor types and is associated with poor disease prognosis. The Phase I/II trial of BT8009 will be conducted in patients with advanced solid tumors associated with Nectin-4 expression. The Phase I/II multi-center, open-label trial will evaluate BT8009 administered once weekly. Enrollment is ongoing in the Phase I dose escalation of BT8009 given as a monotherapy, and the Company plans to evaluate BT8009 dosed in combination with an immune checkpoint inhibitor in future Phase I dose escalation cohorts. The Phase I portion of the trial is primarily designed to assess the safety and tolerability of BT8009, and to determine a recommended Phase II dose. Following selection of an RP2D, Bicycle expects to initiate a Phase II dose expansion portion with the primary objective of evaluating the clinical activity of BT8009 in patients with Nectin-4-positive tumors.
MESA

Hot Stocks

16:05 EDT Mesa Air reports 18,747 block hours in August 2020 - Mesa Airlines reported 18,747 block hours in August 2020, a 52.1 percent drop from August 2019 as a result of reduced schedules during the COVID-19 pandemic. The company also reported a controllable completion factor of 100 percent and 99.97 percent for its American and United operations, respectively.
VMI

Hot Stocks

16:04 EDT Valmont lifts suspension of share buyback program - Valmont announced that its temporary suspension of share repurchases has been lifted. As of September 10, 2020, under its board-authorized share repurchase program, the company has approximately $184.0M open to repurchase shares from time to time in the future.
ORCL

Hot Stocks

16:04 EDT Oracle CEO says 'Q1 was fantastic' - "Q1 was fantastic with total revenue beating guidance by more than $150 million, and non-GAAP earnings per share beating guidance by $0.07," said Oracle CEO, Safra Catz. "Our cloud applications businesses continued their rapid revenue growth with Fusion ERP up 33% and NetSuite ERP up 23%. We now have 7,300 Fusion ERP customers and 23,000 NetSuite ERP customers in the Oracle Cloud. Our infrastructure businesses are also growing rapidly as revenue from Zoom more than doubled from Q4 last year to Q1 in this year. I have a high level of confidence that our revenue will accelerate as we move on past COVID-19." "I believe that the Oracle Cloud offers better Infrastructure-as-a-Service (IaaS) technology than any other cloud vendor," said Oracle Chairman and CTO, Larry Ellison. "The really good news here is that I'm not the only one who thinks that's true. Here is an approved quote from IDC."
ORCL

Hot Stocks

16:03 EDT Oracle reports Q1 short-term deferred revenues $9.9B
ORCL

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16:03 EDT Oracle reports Q1 Cloud license and on-premise license revenues 886M
ORCL

Hot Stocks

16:02 EDT Oracle reports Q1 Cloud Services and License Support revenues $6.9B
GOOG GOOGL

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15:54 EDT Google expands protections for search features, including autocomplete - The company said in its The Keyword blog post, "We have policies for what can appear in Search features like featured snippets, lists or video previews that uniquely highlight information on the search results page. One notable example is Autocomplete, which helps you complete your search more quickly. We have long-standing policies to protect against hateful and inappropriate predictions from appearing in Autocomplete. We design our systems to approximate those policies automatically, and have improved our automated systems to not show predictions if we detect that the query may not lead to reliable content. These systems are not perfect or precise, so we enforce our policies if predictions slip through.We expanded our Autocomplete policies related to elections, and we will remove predictions that could be interpreted as claims for or against any candidate or political party. We will also remove predictions that could be interpreted as a claim about participation in the election-like statements about voting methods, requirements, or the status of voting locations-or the integrity or legitimacy of electoral processes, such as the security of the election. What this means in practice is that predictions like "you can vote by phone" as well as "you can't vote by phone," or a prediction that says "donate to" any party or candidate, should not appear in Autocomplete. Whether or not a prediction appears, you can still search for whatever you'd like and find results. Information online is constantly changing-as are the things people search for-so continuing to deliver high-quality information is an area of ongoing investment. We've made great strides and built upon successful improvements to our systems, and we'll continue to look for new ways to make Search and News as reliable and helpful as possible, no matter what you're looking for." Reference Link
AG

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15:40 EDT First Majestic Silver trading resumes
UBSFY...

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15:19 EDT Ubisoft unveils 'Prince of Persia: Sands of Time' remake, coming in January 2021 - At its UbiForward event, Ubisoft (UBSFY) announced that a full remake of "Prince of Persia: The Sands of Time," a game which originally came out in 2003, will be coming to PlayStation 4 (SNE), Xbox One (MSFT), and PC on January 21, 2021. Reference Link
MSFT

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14:53 EDT Microsoft detects new cyberattacks targeting U.S. elections - Microsoft said in a blog post that, in recent weeks, it has detected cyberattacks targeting people and organizations involved in the upcoming presidential election, including unsuccessful attacks on people associated with both the Trump and Biden campaign. The company said it observed that: Strontium, operating from Russia, has attacked more than 200 organizations including political campaigns, advocacy groups, parties and political consultants; Zirconium, operating from China, has attacked high-profile individuals associated with the election, including people associated with the Joe Biden for President campaign and prominent leaders in the international affairs community; Phosphorus, operating from Iran, has continued to attack the personal accounts of people associated with the Donald J. Trump for President campaign. The majority of these attacks were detected and stopped by security tools built into our products. "We have directly notified those who were targeted or compromised so they can take action to protect themselves," the company said. "We are sharing more about the details of these attacks today, and where we've named impacted customers, we're doing so with their support. What we've seen is consistent with previous attack patterns that not only target candidates and campaign staffers but also those they consult on key issues. These activities highlight the need for people and organizations involved in the political process to take advantage of free and low-cost security tools to protect themselves as we get closer to election day. At Microsoft, for example, we offer AccountGuard threat monitoring, Microsoft 365 for Campaigns and Election Security Advisors to help secure campaigns and their volunteers. More broadly, these attacks underscore the continued importance of work underway at the United Nations to protect cyberspace and initiatives like the Paris Call for Trust and Security in Cyberspace." Reference Link
AG

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14:45 EDT First Majestic Silver trading halted, news pending
INFY

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14:39 EDT Infosys to hire 500 additional tech staff in Rhode Island - Infosys, a global leader in consulting, technology, and next-generation services, joined Rhode Island Governor Gina Raimondo and Commerce Secretary Stefan Pryor to announce that it plans to hire 500 additional tech workers in Rhode Island by 2023. These 500 new employees are part of Infosys' broader workforce commitment and its recent announcement to hire 12,000 additional workers in the country, bringing the total national commitment to 25,000. In 2019, Infosys opened its Digital Innovation and Design Center in Providence, Rhode Island. The new employees will work on a variety of tech-focused roles, and Infosys' recently launched Reskill & Restart program will be among the channels used to recruit and train employees. This new initiative, explicitly aimed at reskilling workers who have been economically impacted by the COVID-19 pandemic, begins with an aptitude and skills assessment, followed by curated job-specific skills training, and culminates in matching them with available positions.
CNI...

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14:29 EDT North American rail traffic increased 7.6% in the week ended August 29 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending September 5.Total carloads for the week ending September 5 were 222,298 carloads, down 6.9% percent compared with the same week in 2019, while U.S. weekly intermodal volume was 287,339 containers and trailers, up 24.8% compared to 2019.North American rail volume for the week ending September 5, on 12 reporting U.S., Canadian and Mexican railroads totaled 319,928 carloads, down 4.8% compared with the same week last year, and 377,841 intermodal units, up 20.8% compared with last year. Total combined weekly rail traffic in North America was 697,769 carloads and intermodal units, up 7.6%. North American rail volume for the first 36 weeks of 2020 was 22,822,410 carloads and intermodal units, down 10.5% percent compared with 2019. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP). Reference Link
TWTR

Hot Stocks

14:29 EDT Twitter expands misinformation policies ahead of U.S. election - Twitter announced that it is updated its Civic Integrity Policies to target "the most directly harmful types of content," includes those related to information or false claims on how to participate in civic processes, content that could intimidate or suppress participation, and false affiliation. "In recognition of the changing circumstances of how people will vote in 2020, and in line with our commitment to protecting the integrity of the election conversation, we're expanding this existing framework," the company said. "The goal is to further protect against content that could suppress the vote and help stop the spread of harmful misinformation that could compromise the integrity of an election or other civic process." As part of the changes, starting next week, Twitter will label or remove false or misleading information intended to undermine public confidence in an election or other civic process. This includes but is not limited to: False or misleading information that causes confusion about the laws and regulations of a civic process, or officials and institutions executing those civic processes; Disputed claims that could undermine faith in the process itself, e.g. unverified information about election rigging, ballot tampering, vote tallying, or certification of election results; and misleading claims about the results or outcome of a civic process which calls for or could lead to interference with the implementation of the results of the process, e.g. claiming victory before election results have been certified, inciting unlawful conduct to prevent a peaceful transfer of power or orderly succession. Reference Link
CCL

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13:47 EDT Five Holland America Line ships set to 'explore Europe' in 2021 - From Greenland to Greece and Iceland to Israel, five Holland America Line ships are set to "explore the cultural kaleidoscope of Europe" in 2021, according to the company. The brand's collection of vessels crossing the pond includes Rotterdam, which is slated to debut at the height of the summer Europe season. Joining the fleet's new flagship will be Nieuw Statendam, Westerdam and Zuiderdam, putting two Pinnacle Class ships in the region. Zaandam heads to Europe on the popular "Voyage of the Vikings" itinerary in July. From April through November, the five ships will offer itineraries ranging from seven to 35 days, as well as longer Collectors' Voyages up to 29 days. In addition to transatlantic crossings between Fort Lauderdale, Florida, and Europe, the ships will visit the Baltic, British Isles, French and Spanish rivieras, Iberian Peninsula, Mediterranean and Northern Europe including Greenland, Iceland, Norway and the North Cape. Holland America Line is a division of Carnival.Reference Link
LRN

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13:32 EDT K12 sees 'no financial impact' from Miami-Dade news, President says - K12 President of Career Learning Services Shaun McAlmont said during an interview on CNBC that the company sees "no financial impact" from the Miami-Dade County School Board's decision to stop using K12's My School Online learning platform.
SKT

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13:16 EDT Tanger Outlets to begin 2020 holiday season early, close on Thanksgiving Day - Tanger Factory Outlet Centers announced that the company will close on Thanksgiving Day amid the COVID-19 pandemic. To meet the needs of customers changing lives this holiday season, Tanger is enhancing holiday shopping and kicking off the season on November 1st. Tanger and its retail partners will start offering the best deals of the season earlier than ever, giving everyone a chance to shop when they want and how they want, to make shopping hassle free and festive for all. Extended hours will also begin the first weekend in November and continue throughout the holiday. This year, Tanger has expanded its services to make shopping even more convenient by offering three ways to shop, which include in-person shopping all of Tanger's centers, multiple curbside pick-up locations throughout each property, and its exclusive Virtual Shopper Concierge program.
MSFT AMZN

Hot Stocks

12:42 EDT Game streamer Ninja to stream exclusively on Amazon's Twitch - Popular video game streamer Tyler "Ninja" Blevins announced via Twitter that he is returning to stream exclusively on Amazon's (AMZN) Twitch. The Fly notes that Blevins previously had an exclusive deal with Microsoft's (MSFT) Mixer, which is now defunct. Reference Link
NAK

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12:21 EDT Northern Dynasty says J Capital report 'fatuous, flimsy' and 'self-serving' - Northern Dynasty Minerals responded to a report issued by Beijing-based short seller J Capital Research on September 9, calling it "fatuous, flimsy and fundamentally self-serving," as well as "typical of such efforts to profit by destroying the value of honest shareholders' investments." Northern Dynasty President and CEO Ron Thiessen said: "We have heard and responded to the same baseless claims in JCap's 'research' report countless times since they were initially levelled by New York-based 'short-and-distort' firm Kerrisdale Capital back in 2017. Financial markets weighed and dismissed Kerrisdale's self-serving arguments then, and we are confident they will do so even more swiftly this time with these unoriginal allegations coming out of China." Thiessen noted that the allegations in the Kerrisdale report formed the basis of several derivative shareholder actions against Northern Dynasty, which were ultimately dismissed by the courts for failure to state a cause of action. JCap's report, entitled "Pretend & Extend: The No-Return Deposit," claims that Northern Dynasty's 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in southwest Alaska will lose money, that capital costs have been underestimated and that the project's proposed mining plan intentionally targets low-grade portions of the deposit. Less than four months ago, JCap levelled similar accusations against Alaska's other late-stage mineral prospect - the Donlin Gold project (co-owned by Barrick and Novagold) - leading to a civil action lawsuit for defamation being brought against the firm, said Northern Dynasty. "We will take an appropriate amount of time to review the report and the market's reaction to it, if any, as well as our options for protecting the company and our shareholders from these spurious claims," Thiessen said, adding the company may choose to issue a comprehensive response or "may simply ignore what is intrinsically a self-serving attempt to profit by creating panic in the marketplace." Thiessen said, according to a press release from the company, that he believes "other parties engaged in market manipulation and short-selling have conspired to cost Northern Dynasty shareholders, large and small, some $500M in recent months. He said there is little the company can do to prosecute or counter these illegal activities other than continuing to advance the Pebble Project toward final permitting, construction and profitable operations."
AYX

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12:21 EDT Alteryx sees Duration as a headwind in 2H - Comments taken from Citi Global Technology Conference.
NKLA

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12:10 EDT Nikola founder says will issue 'detailed report' to address 'false claims' - Trevor Milton, the founder and Executive Chairman of Nikola, tweeted: "Cowards run, leaders stay and fight for integrity. Hindenburg is only making people love us more for trying to destroy us. It will take the rest of the day to address the one sided false claims, but I will put out a detail report to address it. In the meantime, troll on" His tweet follows the release earlier this morning of a short report in which Hindenburg Research accused the company and Milton of fraud. Reference Link
LLY

Hot Stocks

12:03 EDT Eli Lilly adds $35 copay card to diabetes affordability program - Eli Lilly and Company, which introduced the Lilly Insulin Value Program $35 copay card in April 2020 to help people struggling financially during the COVID-19 crisis, announced the program has been added to the company's comprehensive suite of insulin affordability solutions. Anyone with commercial insurance, and those without insurance at all, can continue filling their monthly prescription of Lilly insulins for $35 through this program, the company said in a statement. Earlier this year, Lilly announced plans to make its insulins available through the Medicare Part D Senior Savings Model, allowing seniors to purchase their monthly prescriptions for $35. Collectively, the Lilly Insulin Value Program and Medicare Part D Senior Savings Model provide options for anyone using Lilly insulin to purchase their monthly prescription at retail pharmacies for $35 starting in January 2021. "No one should ever have to ration their insulin. That's why we are committed to including the copay card in our ongoing suite of solutions," said Mike Mason, president, Lilly Diabetes. "Making insulin affordable at pharmacies through programs like the Lilly Insulin Value Program helps reduce the financial burden some people face at the pharmacy counter."
AMCX

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12:02 EDT AMC's 'The Walking Dead' to end with expanded eleventh season - AMC Networks announced yesterday that "The Walking Dead" will end with an expanded two-year eleventh season that will span 24 episodes. With the previously announced six extra season 10 episodes scheduled for early next year, there are 30 remaining episodes that will run through late 2022, AMC said in a statement. The original series will be followed by a greenlit spin-off focused on the Daryl Dixon and Carol Peletier characters, which will premiere in 2023, AMC added. AMC is also working with Scott Gimple to develop a new "Tales of the Walking Dead" series, an episodic anthology.
POR

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12:00 EDT Portland General Electric falls -10.9% - Portland General Electric is down -10.9%, or -$4.17 to $33.98.
LRN

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12:00 EDT K12 falls -15.0% - K12 is down -15.0%, or -$5.05 to $28.71.
WBAI

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12:00 EDT 500.com falls -15.1% - 500.com is down -15.1%, or -61c to $3.44.
CBD

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12:00 EDT Companhia Brasileira de Distribuicao rises 13.6% - Companhia Brasileira de Distribuicao is up 13.6%, or $1.59 to $13.27.
NAV

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12:00 EDT Navistar rises 16.2% - Navistar is up 16.2%, or $5.80 to $41.64.
RH

Hot Stocks

12:00 EDT RH rises 23.0% - RH is up 23.0%, or $73.89 to $394.97.
POR...

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11:53 EDT Portland General Electric drops as wildfires burn in Oregon, California - Shares of Portland General Electric (POR) are down $4.24, or 11.1%, to $33.90 as wildfires continue to burn in Oregon and California. As of midday Wednesday, more than 50,000 people were without power across much of western Oregon, according to a report from NPR's local news affiliate KLCC. Portland General Electric listed more than 33,000 customers without power in several counties, with most of the company's outages in Clackamas County, KLCC has reported. Edison International (EIX) and Pacific Gas and Electric Company (PCG) are publicly traded California utility operators. Reference Link
NOVN

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11:28 EDT Novan assessing ability to inhibit replication mechanism of SARS-COV-2 - Novan said via Twitter that it is assessing in vitro the ability of its proprietary NITRICIL technology to inhibit the replication mechanism of SARS-COV-2. Reference Link
FB

Hot Stocks

11:19 EDT Facebook launches Facebook Campus for college students - In a blog post, Charmaine Hung, product manager, Facebook Campus said, "We are launching Facebook Campus, a college-only space designed to help students connect with fellow classmates over shared interests. Facebook Campus makes it easy to find and start conversations within your college community. This year, students across the country are facing new challenges as some campuses shift to partial or full-time remote learning, so it's more important than ever to find a way to stay connected to college life. College is a time for making new friends, finding people who share similar interests and discovering new opportunities to connect - from clubs to study groups, sports and more. In the early days, Facebook was a college-only network, and now we're returning to our roots with Facebook Campus to help students make and maintain these relationships, even if they're away from their college...Facebook Campus is a dedicated section of the Facebook app designed for students, with a Campus profile that's different from their main Facebook profile. To create a Campus profile, all students need is their college email and graduation year. Other information such as their major, classes, hometown and minor are optional. Once a Campus profile is set up, students can discover Groups and Events unique to their school, and connect with classmates who share similar interests. When content is shared on Campus, only people within Campus will see it." Reference Link
NAV

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11:14 EDT Navistar confirms receipt of revised proposal from Traton - Navistar confirmed that it has received a revised proposal from TRATON SE to acquire Navistar for $43 per share in cash. The company said, "Navistar's Board of Directors and management team are committed to exploring all avenues to maximize value. Consistent with its fiduciary duties, the Board will carefully review the revised proposal from TRATON in consultation with its advisors to determine the course of action that it believes is in the best interests of the Company and its stakeholders. Navistar shareholders do not need to take any action at this time, and there is no assurance that any transaction with TRATON will occur or be consummated. Navistar does not intend to make any additional comments regarding the proposal unless and until it is appropriate to do so, or a formal agreement has been reached."
AMRC DUK

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11:06 EDT U.S. Marine Corps selects Ameresco, Duke Energy for $41M infrastructure project - Ameresco (AMRC) announced that Naval Facilities Command Mid-Atlantic has awarded to Duke Energy (DUK) and Ameresco's Federal Solutions group a $41M utility energy savings contract at the United States Marine Corps Air Station Cherry Point. Under a $38M contract with Duke, Ameresco will make key improvements to enhance energy efficiency, resiliency, reliability, and cybersecurity at MCAS Cherry Point, while reducing the site's energy consumption and costs.
PRO

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10:00 EDT Pros Holdings falls -8.5% - Pros Holdings is down -8.5%, or -$2.99 to $32.33.
WBAI

Hot Stocks

10:00 EDT 500.com falls -10.9% - 500.com is down -10.9%, or -44c to $3.61.
GME

Hot Stocks

10:00 EDT GameStop falls -11.8% - GameStop is down -11.8%, or -87c to $6.48.
CBD

Hot Stocks

10:00 EDT Companhia Brasileira de Distribuicao rises 16.0% - Companhia Brasileira de Distribuicao is up 16.0%, or $1.87 to $13.55.
NAV

Hot Stocks

10:00 EDT Navistar rises 17.9% - Navistar is up 17.9%, or $6.40 to $42.24.
RH

Hot Stocks

10:00 EDT RH rises 22.9% - RH is up 22.9%, or $73.69 to $394.77.
POR

Hot Stocks

09:51 EDT Portland General Electric falls -5.8% - Portland General Electric is down -5.8%, or -$2.21 to $35.93.
WBAI

Hot Stocks

09:51 EDT 500.com falls -6.9% - 500.com is down -6.9%, or -28c to $3.77.
GME

Hot Stocks

09:51 EDT GameStop falls -10.4% - GameStop is down -10.4%, or -76c to $6.59.
CBD

Hot Stocks

09:51 EDT Companhia Brasileira de Distribuicao rises 16.9% - Companhia Brasileira de Distribuicao is up 16.9%, or $1.97 to $13.65.
NAV

Hot Stocks

09:51 EDT Navistar rises 18.9% - Navistar is up 18.9%, or $6.78 to $42.62.
RH

Hot Stocks

09:47 EDT RH rises 24.0% - RH is up 24.0%, or $76.97 to $398.05.
VERB

Hot Stocks

09:46 EDT Verb Technology acquires SoloFire platform for heatlhcare sales enablement - VERB Technology announced that it has completed the acquisition of SoloFire, provider of a sales enablement platform for the healthcare industry. "We are delighted to welcome SoloFire to the VERB family," said VERB CEO Rory J. Cutaia. "SoloFire's natural, strategic fit with VERB's portfolio of sales enablement solutions has made this a compelling acquisition for us. Through this accretive acquisition, the combined offering will empower medical companies to continue to effectively build stronger relationships with customers and prospects in a unique and engaging manner, driving sales conversion rates, especially during a challenging period marked by pandemic fears and restrictions."
NKLA

Hot Stocks

09:44 EDT Nikola founder says will respond to Hindenburg 'lies' in 'a few hours' - Nikola founder and Executive Chairman Trevor Milton tweeted: "It makes sense. Tens of millions of shares shorted the last day or two to slam our stock and hit job by hindenburg. I guess everything is fair game in war, even a hit job. I know who funded it now. Give me a few hours to put together responses to their lies. This is all you got?" In early trading following the publication of the short-seller's report accusing the company and Milton of fraud, Nikola shares are down about 7%, or $3.05, to $39.32. Reference Link
CLSK

Hot Stocks

09:39 EDT CleanSpark announces multi-unit switchgear contract - CleanSpark announced that it has received a contract for multiple units of its intelligent switchgear equipment from a long-term energy development partner based in Houston, TX. The most recent orders are for five Switchgear units, three of which will be installed on a surface water pumping station in the Houston area. The two additional units were ordered for a Texas-based grocery chain that has CleanSpark Switchgear currently deployed on several of their locations. The microgrids that incorporate the intelligent ATS solutions not only monitor increasing demand intervals from the utility in order to optimize energy consumption, but also provide a reliable back-up energy solution. This 'baked-in' resiliency keeps the site operational even during extended utility outages caused by events such as hurricanes. The latest orders are expected to add additional revenue that CleanSpark will recognize during the coming quarter. CleanSpark has shipped in excess of $7.4M in Switchgear during the current fiscal year.
NAV VWAGY

Hot Stocks

09:35 EDT Traton boosts Navistar takeover offer to $43 per share from $35 - Traton said it has informed the board of Navistar International (NAV), in which Traton already holds a share of 16.8%, of an increase of its offer from January 30 for the acquisition of all shares in Navistar not already held by Traton at an offer price of $35.00 per Navistar share, to $43.00 per Navistar share and $3.6B in total. Volkswagen (VWAGY) has confirmed its general intention also to provide funds for the financing of an increased offer. If the proposal is accepted, Traton will become the sole owner of Navistar, it noted. Navistar shares are trading up 19%, or $6.93, to $42.80 in early trading.
CTO

Hot Stocks

09:29 EDT CTO Realty Growth announces sale of property in Florida for approx. $2.5M - CTO Realty Growth announced the closing of the sale of a property located in Jacksonville, Florida leased to PDQ, for a sales price of approximately $2.5M, reflecting an exit cap rate of approximately 6.1%. The property is currently under a ground lease to PDQ with 6.9 years remaining on the initial term of the lease. The proceeds are expected to be part of a future Section 1031 like-kind exchange. The Company estimates a gain on the sale of approximately $128,000, or 2c per share, after tax. Including this transaction, the Company has over $12M of proceeds held in 1031 restricted cash accounts. Year to date, the Company has completed the sale of seven single-tenant net lease properties and one multi-tenant retail property, for an aggregate sales price of more than $51M.
NAV

Hot Stocks

09:28 EDT Traton boosts Navistar acquisition offer to $43 per share from $35
CPST

Hot Stocks

09:28 EDT Capstone Turbine signs 5-year long-term FPP service contract - Capstone Turbine said in a release, "Capstone Turbine announced that Optimal Group Australia, Capstone's exclusive Australian distributor, recently signed a 2 Megawatt 5-Year Factory Protection Plan, or FPP, with a remotely located Oceana-based mineral water bottling facility. The project uses two stand-alone C1000 Signature Series (C1000S) one-megawatt microturbine systems running on clean-burning propane as a primary baseload power source for a mineral water bottling facility located on a remote off-grid island location. The site will have up to 8 MW's of power demand, and a portion of this demand is currently met with diesel fuel generators running in parallel with the clean and green Capstone microturbines. The site was recently upgraded with a new 50-ton propane tank. This site's commissioning was initially delayed by the COVID-19 pandemic, which first hit in the APAC (Asia Pacific) region, but this project is now moving forward again."
VBLT

Hot Stocks

09:27 EDT VBL Therapeutics enrolls first patients in Phase 2 trial of VB-111 - VBL Therapeutics announced that the first two patients have been enrolled in the Phase 2 clinical trial of VB-111 in combination with nivolumab, an immune checkpoint inhibitor, for the treatment of metastatic colorectal cancer. The study is being conducted under a Cooperative Research and Development Agreement between the National Cancer Institute and VBL.
PDDPF

Hot Stocks

09:26 EDT Medexus reports Health Canada approval of Gleolan four use in surgical resection - Medexus announces that on September 9, 2020, it received a Notice of Compliance from Health Canada granting approval for the marketing of Gleolan in Canada. Gleolan is a 5-aminolevulinic acid hydrochloride powder for oral solution, and is indicated as an adjunct for the visualization of malignant tissue during surgery in patients with Grades III or IV gliomas as classified by the World Health Organization. Gleolan is an imaging agent that makes high-grade gliomas fluoresce under blue light, assisting neurosurgeons to better visualize these gliomas for more complete removal. After administration, areas within the tumour glow pink or red, and healthy brain tissue appears blue when exposed to a special blue light during surgery. There are currently no other optical imaging agents approved in Canada for the purpose of visualization of malignant tissue during glioma surgery. A pivotal Phase III study, published in The Lancet Oncology Medical Journal, has shown that use of Gleolan during brain tumour surgery has nearly doubled the rate of achieving a complete resection of the tumour, which in turn has resulted in a doubling of the number of patients without progression of their brain cancer six months after surgery. The study reported complete resection of malignant brain tumour tissue in 65% of patients receiving Gleolan compared to 36% of patients in the study's control arm. Six-month progression-free survival was achieved in 41% of patients receiving Gleolan compared to 21% of patients who were operated on without the use of the drug (difference between groups 20%. Health anada had previously granted Medexus authorization to distribute Gleolan in Canada under the Special Access Programme, which provides healthcare practitioners with access to non-marketed drugs to treat patients with serious or life-threatening conditions when conventional therapies have failed, are unsuitable, or unavailable. In March 2020, the Quality business unit at Ontario Health, based on guidance from the Ontario Health Technology Advisory Committee, recommended publicly funding Gleolan for guiding maximal surgical resection of high-grade gliomas, which was conditional on Health Canada approval of the technology. The Company is awaiting final funding approval from the Ontario Ministry of Health.
WTER

Hot Stocks

09:19 EDT Alkaline Water adds Valu Merchandisers Company as distributor - The Alkaline Water Company announces that it has added Valu Merchandisers Company as a distributor covering Midwest and Southern states. The Company also announces that H-E-B will now carry Alkaline88 aluminum bottles in 288 stores across Texas and that it sees strong initial orders from KeHE and UNFI that recently agreed to carry the Alkaline88 eco-friendly aluminum bottles.
CHFS

Hot Stocks

09:18 EDT CHF Solutions announces key takeaways from physician-led webinar - CHF Solutions announced key takeaways from a recent webinar, where Dr. John Jefferies discussed the use of precision medicine for the treatment of fluid overload in heart failur patients, including alternatives to diuretics, such as ultrafiltration using the Aquadex SmartFlow system. Clinically important observations made by Dr. Jefferies during the webinar include: The impact of fluid overload on HF patients is significant. 90% of HF hospitalizations are due to signs and symptoms of fluid overload. Common fluid overload treatment approaches such as diuretics are associated with mixed outcomes and adverse events. Studies have shown 42% of acutely decompensated HF patients either return to the emergency room, are re-hospitalized or die within 60 days of hospital discharge, regardless of diuretic strategy. Ultrafiltration is an effective treatment strategy for patients with HF. When compared to diuretics, there is a 53% reduction in the risk of rehospitalization among HF patients receiving ultrafiltration. The use of ultrafiltration after cardiac surgery has been shown to improve cardiac performance, reduce the duration of assisted ventilation5 and can reduce the need for blood transfusions. Dr. Jefferies also discussed Aquadex-specific considerations and recommendations in regard to venous access, anticoagulation, ultrafiltration rate and Hematocritand SV02 monitoring. Access this information and a white paper analysis by watching the webinar replay available on the company website and on CHF Solutions' YouTube page. Dr. Jefferies' presentation will be a part of the company's offerings at the 24th Annual Scientific Meeting of the Heart Failure Society October 3-5, 2020.
UE

Hot Stocks

09:17 EDT Urban Edge leases 130,000 square feet in New Jersey to AAA Wholesale Group - Urban Edge announced that AAA Wholesale Group has leased 130,000 square feet in a building at the intersection of Route 17 and Essex Street in Lodi, New Jersey. This lease represents a transformation of a former retail site into a warehouse and distribution facility. The building will serve as a wholesale membership club supplying smaller grocery stores, delis and convenience stores with grocery products, deli supplies, beverages, cleaning supplies and other household items. In addition, approximately 20,000 square feet of the space will be allocated to consumers wishing to shop in store. AAA has locations in the Bronx and Brooklyn, and this location will be its first in New Jersey. The new location is expected to provide more than 100 new jobs to the area.
DKNG

Hot Stocks

09:17 EDT DraftKings appoints Erik Bradbury as CAO - DraftKings announced that Erik Bradbury has been named the Company's chief accounting officer and principal accounting officer effective September 10, 2020, reporting to CFO Jason Park. Bradbury was most recently a Partner with Ernst & Young and served as a Professional Accounting Fellow at Financial Executives International. Bradbury will oversee DraftKings' corporate accounting functions including SEC and regulatory reporting, operational accounting, accounting policy, and development of relevant accounting positions.
CLGX CNNE

Hot Stocks

09:14 EDT Cannae Holdings, Senator issue statement to CoreLogic shareholders - Cannae Holdings (CNNE) and Senator Investment Group, which, directly or through affiliated entities, jointly own or have an economic interest equivalent to approximately 15% of the outstanding shares of CoreLogic (CLGX), issued the following statement: "As we have previously indicated, CoreLogic has set September 18, 2020 as the record date for stockholders to be eligible to vote at the Company's Special Meeting of Stockholders scheduled for November 17, 2020. We remind shareholders that, to the extent that they have loaned out or pledged any of their shares of CoreLogic Common Stock, they should contact their prime broker(s) to instruct them to immediately recall those shares. Any shares not recalled by the September 18th record date will be unable to be voted at the Special Meeting. Further, as it is possible that shareholders may not be aware that their stock has been loaned by their prime broker(s), we recommend that shareholders contact their prime brokers immediately to confirm that all their stock is fully voteable. We look forward to all shareholders having their voices heard at the Special Meeting."
PM

Hot Stocks

09:12 EDT Philip Morris sees FY20 effective tax rate approx. 22%, at lower end of view - Sees lack of near-term recovery in PMI's duty-free business given the uncertain outlook for global travel, with current dynamics persisting at least through the fourth quarter, compared to the third quarter assumed previously.
CETX

Hot Stocks

09:11 EDT Cemtrex awarded contract for thermal body temperature measurement camera - Cemtrex announced that its subsidiary Vicon has been awarded an approximately $500,000 contract from a major Pacific Northwest school district for its V1100 series Thermal Body Temperature Measurement Camera.
VRTX

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09:10 EDT Vertex Pharmaceuticals completes Phase 3 Trikafta study - Vertex Pharmaceuticals announced the company has completed a global Phase 3 study of Trikafta in children ages six through 11 years old with cystic fibrosis, or CF, who have either two copies of the F508del mutation or one copy of the F508del mutation and one minimal function mutation, and based on the results will submit a supplemental new drug application, or sNDA, to the FDA in Q4, with additional global regulatory submissions to follow. The 24-week global Phase 3 open-label study evaluated the safety and efficacy of Trikafta in 66 children ages six through 11 years old who have either two copies of the F508del mutation or one copy of the F508del mutation and one minimal function mutation. The primary endpoint of the study was safety and tolerability, and the results showed that Trikafta was generally well tolerated and the safety data were consistent with those observed in previous Phase 3 studies. In addition, clinically meaningful improvements were seen across multiple secondary efficacy endpoints, including improvements in percent predicted forced expiratory volume in one second, or ppFEV1, sweat chloride, Cystic Fibrosis Questionnaire Revised respiratory domain score, body mass index and other measures through 24 weeks of treatment. The study showed the benefit-risk profile of Trikafta in children with CF ages 6 through 11 years old was similar to that seen in people with CF ages 12 and older in the Phase 3 studies which have supported approval. Based on the results, Vertex will submit an sNDA to the U.S. FDA in Q4, with additional global regulatory submissions to follow.
BHTG

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09:09 EDT BioHiTech Global granted first lease contract for disinfectant technology - BioHiTech Global announced its first lease contract for the Altapure AP-4 high-level disinfectant technology to a K-12 public school district located in Pennsylvania. The School District will be utilizing the Altapure AP-4 as a part of its protocol to help protect the schools within the district from the spread of COVID-19 and potential infections from other viruses and bacteria. BioHiTech conducted two product demonstrations with representatives from the School District during the summer. BioHiTech expects to deliver the unit in the coming days and to conduct and broadcast a live demonstration. The Altapure AP-4 is an enhanced, automated and touchless disinfection sub-micron aerosol system launched in 2017, such as but not limited to COVID-19.
CVS UPS

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09:09 EDT UPS appoints Eva Boratto, Wayne Hewett to board of directors - UPS (UPS) announced the election of Eva Boratto, CFO and EVP of CVS Health (CVS) and Wayne Hewett, former CEO of Klockner Pentaplast Group and of Arysta LifeScience Corporation, to the UPS Board of Directors, effective immediately.
GIGM

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09:09 EDT GigaMedia announces purchase of company shares by CEO Cheng-Ming Huang - GigaMedia announced that its CEO, Cheng-Ming Huang, a.k.a. James Huang, has purchased a total of 68,737 shares of GigaMedia stock by Pacific Star Universal Group Ltd. at an average price of $2.867 on September 4th, 8th and 9th. The purchases were made during an open window period and in full compliance with all company and legal guidelines. Cheng-Ming Huang now holds a total of 1,051,996 shares, an ownership of around 9.52% in the company.
UNH

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09:07 EDT UnitedHealth, Canopy Health introduce new health plan in Northern California - UnitedHealthcare and Canopy Health have introduced a new health plan that offers consumers in Northern California customer support as well as the opportunity to save up to 25% on premiums. As the latest addition to a portfolio of health plans the two organizations have launched together, the California Doctors Plan provides access to health care for people with employer-sponsored health coverage in nine Bay Area counties: Alameda, Contra Costa, Marin, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma. This plan is the result of a collaboration between UnitedHealthcare and Canopy Health. Canopy Health is an accountable care network of providers and health systems in the Bay Area. UnitedHealthcare and Canopy Health expanded their relationship earlier this year with the launch of the UnitedHealthcare Canopy Health Medicare Advantage plan.
GNUS

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09:07 EDT Genius Brands launches Kartoon Classroom! - Genius Brands International "Genius Brands"announces the launch of the new Kartoon Classroom!, a stand-alone segment of Kartoon Channel! Additionally, Jon Ollwerther has been appointed to oversee the operations of Kartoon Channel! and Kartoon Classroom! as General Manager & EVP of Global Business Development. Genius Brands has also brought onboard Disney veteran content and programming strategist, Lou Fazio, as a Senior Advisor, collaborating with Ollwerther on the launch of Kartoon Classroom In his new role, Ollwerther will oversee the day-to-day operations of Kartoon Channel! and Kartoon Classroom!, collaboration with Loesch, Neuman and Fazio, to bring more quality 'content with a purpose' and entertainment experiences to the channel's growing fan base. The Kartoon Channel! team also includes Mark Shoeman, Director of Operations at Kartoon Channel!, who reports to Ollwerther. Ollwerther will also continue to drive value across all areas of Genius Brands' business.
SHIP

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09:06 EDT Seanergy Maritime announces open-market stock purchase plan up to 500,000 shares - Seanergy Maritime announced today that its Chairman and CEO Stamatis Tsantanis, intends to purchase an aggregate of up to 500,000 common shares of the Company in the open market. In addition, for at least the next 12 months, Mr. Tsantanis does not intend to sell any newly acquired shares of the Company or any of the shares he currently holds, which were acquired in previous years. In addition, it is the Company's intention not to initiate any public equity offerings until March 2021, nor to implement any reverse stock splits prior to that date. Lastly, regarding the Class E warrants that were issued pursuant to the Company's $25.0 Million underwritten public offering that closed on August 20, 2020, the Company's Board of Directors does not intend to exercise its option, pursuant to the terms of the warrants, to adjust the original exercise price of $0.70 per share downwards. Notwithstanding the Company's current intentions, the Board of Directors will continue to evaluate all available strategic alternatives, which may include stock issuances to the Company's creditors as a means of addressing maturing debt instruments, based on market conditions and other factors which may arise in the future.
WMT SBGSY

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09:05 EDT Walmart, Schneider Electric announce collaboration - Walmart (WMT) and Schneider Electric (SBGSY) announced a new collaboration that will provide increased access to renewable energy for Walmart's U.S.-based suppliers, enabling them to lead on climate action. The groundbreaking initiative, called the Gigaton PPA Program, is designed to educate Walmart suppliers about renewable energy purchases and accelerate renewable energy adoption by participating suppliers through aggregate power purchase agreements.
NK

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09:05 EDT Brink Biologics announces licensing agreement with Fresenius - Brink Biologics said in a release, "Brink Biologics, a NantKwest affiliate and exclusively-licensed distributor of NantKwest's proprietary off-the-shelf NK-92 natural killer cells in certain fields, announces the licensing of its next-generation natural killer-based bioanalytical testing solution to Fresenius Kabi SwissBioSim GmbH, or Fresenius, a Switzerland-based global healthcare company focusing on autoimmune diseases and oncology. Brink Biologics offers a variety of GLP and research-grade NK-92 based cell lines as part of its Neukopanel portfolio of products for laboratory testing applications. Neukopanel includes discovery, translational and developmental research as well as commercial lot release testing of clinical products. Brink products are utilized widely by large pharmaceuticals and biotechnology companies to support products ranging from anti-viral and dendritic cell vaccines, therapeutic monoclonal antibodies and biosimilars, bi- and tri-specific fusion proteins, cytokines, natural killer cell checkpoint inhibitors and other biologic products."
CERN

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09:05 EDT Finland regional leadership, Cerner collaborate for integrated health, care - Cerner announced a collaboration with Finland regional leadership that is expected to deliver more coordinated and efficient access to health and social services through a government-sponsored set of standards. This announcement comes at a time when Finland is undergoing a transformation to shift responsibility for the organization of health and social services from municipal based health and social care to combined regional authorities. Aster, a co-operational organization across four of Finland's nineteen regions; including Central Finland, Ostrobothnia, South Savo and North Karelia; is actively working to establish the new health care and social services system. The co-designed digital platform will support the delivery of an enhanced, streamlined approach to the provision of health and social services, providing citizens with access to integrated outpatient and inpatient care, behavioral health services, services for families with children, dental and more. The project will be executed in two phases: the first phase focused on development and planning over a one-year period. Subject to the parties' agreement of a shared plan, Cerner plans to contract with Aster to deliver the second phase, in which the technology is delivered and implemented. As part of this effort, approximately 15,000 clinicians and 10,000 social service workers will receive additional support to address the unique needs of an evolving integrated health and social welfare system. Aster seeks to increase transparency between social and health care organizations, give experts better visibility into population data in one system and empower citizens to access their holistic and aggregated information.
BIDU

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09:05 EDT Baidu launches Apollo Go Robotaxi service in Beijing - Baidu launched the Apollo Go Robotaxi service in Beijing, becoming the first company to allow people in China's capital to use robotaxis. The service encompasses the largest total area and longest road network of about 700 kilometers for a manned autonomous driving test area in China, with nearly 100 pick-up and drop-off stations. Apollo Go will launch 40 vehicles. Beijing users can experience the Apollo Go Robotaxi service after registering on Baidu Maps or the Apollo website. In addition to Beijing, Apollo Go has opened services to the public in cities including Changsha and Cangzhou. After eight months of small-scale manned testing, the Baidu Apollo robotaxi fleet has completed road tests totaling 519,000 kilometers in Beijing and obtained permission to enter the next stage: opening up to the general public.
AXDX

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09:02 EDT Accelerate Diagnostics: FDA issues EUA for individual IgM, IgG antibody tests - Accelerate Diagnostics announced that the U.S. FDA has issued an Emergency Use Authorization for the individual BioCheck SARS-CoV-2 IgM Test Kit and the BioCheck SARS-CoV-2 IgG Test Kit. This announcement follows the recent EUA approval of the fully automated MS-Fast instrument and the BioCheck SARS-CoV-2 IgM and IgG Combo Test. In accordance with the previously disclosed commercial supply and collaboration agreement, Accelerate Diagnostics will market, commercialize, and support this serology-based testing platform. The MS-Fast system and BioCheck SARS-CoV-2 chemiluminescence tests are capable of processing human serum samples in 30 minutes to detect antibodies that indicate recent or prior COVID-19 infection.
SEEL

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09:02 EDT Seelos Therapeutics granted additional US patent for Trehalose - Seelos Therapeutics has received a Notice of Allowance from the USPTO. The allowed claims cover a method of using trehalose to treat several neurodegenerative conditions including spinocerebellar ataxia, spinal and bulbar muscular atrophy, dentatomral-pailidoluyssan atrophy, Pick's disease, corticobasaldegeneration, progressive supranuclear palsy, and frontotemporal dementia.
ACHFF

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09:01 EDT Arch Biopartners receives Ethics Committee approval in Turkey for Phase II trial - Arch Biopartners announced that it received approval in Turkey from the Istanbul University Ethics Committee for the Phase II trial of its lead drug LSALT peptide, targeting acute lung injury and acute kidney injury caused by inflammation in patients with severe cases of COVID-19. The Ethics Committee approval of the trial will be followed by a regulatory review conducted by the Turkish Ministry of Health, expected to be completed by mid-September. Once the trial is approved by the MoH, activation of clinical sites in Istanbul and Ankara will take place and patient enrollment into the trial will commence. Recent data have shown an upswing in new COVID-19 infections and hospitalizations in Turkey, with over 1,700 new cases reported on September 8th compared with approximately 900-1000 daily new cases during July. There have been 22,000 reported new cases and over 600 related deaths since August 25th.
TIF LVMUY

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08:57 EDT LVMH to file lawsuit against Tiffany over management during crisis - LVMH (LVMUY) announced its intention to file a lawsuit against Tiffany (TIF). The company said in a statement: "LVMH was surprised by the lawsuit filed by Tiffany against the Group in the Court of Chancery of the State of Delaware. LVMH considers that this action is totally unfounded. It has clearly been prepared by Tiffany a long time ago and communicated in a misleading way to shareholders and is defamatory. LVMH will defend itself vigorously. The long preparation of this assignment demonstrates the dishonesty of Tiffany in its relations with LVMH. This action is essentially based on the accusation by Tiffany that LVMH failed to take the reasonably necessary steps to obtain the various regulatory authorities' approvals in a timely way. This accusation has no substance and LVMH will demonstrate this to the Delaware Court. On this matter, the filing in Brussels will take place, as expected, in the following days and this is simply the result of the planning fixed by the European Commission, about which Tiffany is completely aware. It is legitimate to expect this authorization will be obtained in October. The LVMH Board, besides the elements already raised, had the opportunity to examine the current economic situation of Tiffany and its management of the crisis. It noted that the first half results and its perspectives for 2020 are very disappointing, and significantly inferior to those of comparable brands of the LVMH Group during this period. LVMH will be therefore led to challenge the handling of the crisis by Tiffany's management and its Board of Directors. LVMH considers, among other things, that this period is impacted by a Material Adverse Effect, that Tiffany did not follow an ordinary course of business, notably in distributing substantial dividends when the company was loss making and that the operation and organization of this company are not substantially intact. LVMH therefore confirms that the necessary conditions for the conclusion of the acquisition of Tiffany are not fulfilled."
GLMD ASCLF

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08:54 EDT Galmed and Ascletis Pharma's Gannex partner to develop NASH combination - Ascletis Pharma's (ASCLF) wholly owned company Gannex Pharma and Galmed (GLMD) have entered into a research agreement aiming at combination therapy of ASC41 - THR-beta agonist - and Aramchol for the treatment of non-alcoholic steatohepatitis, or NASH. The financial details of this transaction are not disclosed. ASC41 is an oral thyroid hormone receptor beta agonist which recently received IND approval from China's National Medical Products Administration to conduct clinical trials for NASH indication. Topline data of Phase I safety, PK and preliminary efficacy is expected to be available by the end of 2020. In two NASH animal models, ASC41 demonstrated the same improvement in liver steatosis, inflammation and fibrosis at 1/10 dose of Resmetirom, another THR-beta agonist currently in Phase III clinical trial. In Phase II clinical trials for NASH, Aramchol significantly reduced liver fat, improved liver histology i.e., ballooning and fibrosis, hepatic biochemistry and glycemic parameters with a favorable safety and tolerability profile. Aramchol is currently in a Phase III registrational study for NASH and fibrosis and has been granted Fast Track designation status by the FDA for the treatment of NASH.
ADTX

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08:54 EDT Aditx Therapeutics appoints Drew Pinksy as senior advisor to AditxtScore - Aditx Therapeutics announced that it has appointed Dr. Drew Pinsky as Senior Advisor, AditxtScore, effective September 1, 2020. Drew, a practicing physician, internist, and an addiction medicine specialist, will advise on the development of AditxtScore platform, and its various potential applications including possibly scoring immunity to COVID-19 and other infectious diseases, as well as autoimmune disorders such as Type I Diabetes. And as a well-known American media personality, Drew will act as brand ambassador as he advises on the overall marketing and deployment strategies of AditxtScore. He will also assist in the planning and introduction of the platform and its applications for the medical and consumer markets.
ORBT

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08:50 EDT Orbit International's Electronic Group receives order in excess of $1M - Orbit International announced that its Electronics Group, received a new order for display units used in military vehicles valued in excess of $1,000,000. Deliveries are scheduled to commence in the second quarter of 2021 and continue through the fourth quarter of 2021.
CVSI

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08:47 EDT CV Sciences launches CV Defense daily immune support - CV Sciences announced its continued expansion into condition specific dietary supplements with the launch of CV Defense, the second of several products to be launched under its new Immunity product line, following the launch of CV Acute in August. The expansion of CV Sciences' non-CBD Immunity product line will continue to open markets and sales channels for the Company, including major e-commerce retailers not currently accessible by CBD-based products. CV Defense is now available on CV Sciences' website and will be available next week on Amazon.com. CV Defense is a clinically supported immune formula that provides effective daily support for barrier immunity, innate immunity, and adaptive immunity. CV Sciences' team of doctors and scientists formulated this product with specific intent - to fortify daily immune health. Based on PEA, a clinically researched ingredient to support the immune system, and combined with time-tested nutrients and botanicals, including vitamins A and D, the minerals selenium and zinc, and an Organic Reishi Mushroom Extract with concentrated beta-glucans, CV Defense incorporates unique ingredients able to optimize immune response.
JAGX CAH

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08:47 EDT Jaguar Health enters third amendment to accounts receivable agreement with Oasis - Jaguar Health (JAGX) announced that Jaguar and its wholly owned subsidiary, Napo Pharmaceuticals, have jointly entered into a third amendment to the accounts receivable purchase agreement with Oasis Capital, dated May 12, pursuant to which Oasis agreed to purchase additional accounts receivable of the company related to the sales of the company's Mytesi drug product to Cardinal Health (CAH) for the period of August 11 through September 3. The fourth tranche accounts receivable has a gross value of $2.33M, representing customer billings over a 24-day period. Per the terms of the agreement, Oasis will receive a fee of 5.45% of the $2.33M fourth tranche accounts receivable following their purchase of the fourth tranche accounts receivable for $990,106.65, an increased percentage of the gross accounts receivable compared to the April purchase. As with prior accounts receivable sales to Oasis, Oasis will return to the company any amount that exceeds the sum of the purchase price and the fee. As with all Mytesi gross sales, the fourth tranche accounts receivable will be reduced by Medicare, ADAP 340B chargebacks, returns, and wholesale distribution fees based on historical trends to determine net sales.Under the amendment, Oasis is entitled to a one-time transaction fee of $5,000.
NEM

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08:47 EDT Newmont recommends holders reject 'mini-tender' offer by TRC Capital - Newmont said in a release, "Newmont has received notice of an unsolicited 'mini-tender' offer by TRC Capital Investment Corporation to purchase up to 2M (approximately 0.25 percent of the outstanding) shares of common stock of Newmont at $63.75 per share. This offering price is 4.44% BELOW the $66.71 per share closing price of Newmont shares on August 28, the day before the offer. TRC has made its offer subject to numerous conditions and has stated that it may terminate or amend its offer if, among other things, it does not obtain sufficient financing on terms satisfactory to it or there are certain decreases in the value of the shares. Newmont recommends that: Stockholders who have not responded to the TRC offer take no action because the offer is at a price below the current market price for Newmont shares and is subject to numerous conditions; and Any stockholders who have tendered shares to the TRC offer withdraw those shares by providing the written notice described in the TRC offering documents before the expiration of the offer, which currently is scheduled for 12:01 a.m., New York City time, on September 30. TRC has made many similar mini-tender offers for shares of other companies. Mini-tender offers, such as this one, are offers to acquire less than five percent of a company's outstanding shares and avoid many of the investor protections afforded for larger tender offers, including the filing of disclosure and other tender offer documents with the SEC, and other procedures required by U.S. securities laws. The SEC has expressed serious concerns and cautioned investors about these offers, noting that 'some bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price.'"
NBRV

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08:45 EDT Nabriva Therapeutics granted NTAP for XENLETA, CONTEPO by CMS - Nabriva Therapeutics announced that the Centers for Medicare & Medicaid Services has granted a new technology add-on payment for XENLETA for injection when administered in the hospital inpatient setting. XENLETA is a pleuromutilin antibacterial indicated for the treatment of adults with community-acquired bacterial pneumonia. Both the IV and oral formulations of XENLETA were granted Qualified Infectious Disease Product and Fast Track designation by the FDA. Beginning on October 1, 2020, CMS will provide an additional maximum payment of $1,275.75 for XENLETA when used in the inpatient hospital setting for fiscal year 2021. The U.S. Food and Drug Administration approved the IV and oral versions of XENLETA for the treatment of adult patients with CABP in August 2019. Nabriva also announced that CMS has granted an NTAP for CONTEPO, making CONTEPO the first QIDP to be granted conditional NTAP approval prior to receiving FDA approval. CONTEPO was granted QIDP and Fast Track Designation by the FDA for the treatment of complicated urinary tract infections, including acute pyelonephritis. If CONTEPO receives FDA approval prior to July 1, 2021, the maximum add-on payment for a case involving the administration of CONTEPO is $2,343.75 for fiscal year 2021, which would become effective beginning in the first quarter after FDA approval is granted. The NTAP will provide hospitals with a payment on top of the standard-of-care Diagnostic Related Group reimbursement. This additional payment is provided to offset some of the costs of new drugs and devices when certain criteria are met. For the fiscal year 2021, add-on payments for QIDPs are limited to the lesser of 75 percent of the average cost of the product, or 75 percent of the amount by which the costs of the case exceeds the standard DRG payment. NTAP designation lasts no more than three years for a specific indication.
FSP

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08:42 EDT Franklin Street announces new leasing activity in Texas portfolio - Franklin Street announced new leasing activity in its Texas portfolio totaling approximately 55,000 square feet to date during Q3. In its Dallas portfolio, the company signed leases with Compassus, Homebridge Financial Services, Trinity Highway Products, CX Institutional and Schell Cooley. In our Houston portfolio, we signed leases with Ranger Energy Services Inc. and Lord Downing.
RRGB

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08:39 EDT Red Robin provides business update - Red Robin provided a business update. As of September 6, the company is operating approximately 349 indoor dining rooms with limited capacity, representing 85% of 412 currently open company-operated restaurants. As of September 6, the company had liquidity of approximately $104M comprising cash and cash equivalents and available capacity under its credit facility. Paul Murphy, Red Robin's president and CEO, said, "We are encouraged by our improving comparable sales trend over the past several weeks as we continue to expand our seating capacity primarily through outdoor dining. Looking ahead, we expect to build further momentum from the implementation and related seating expansion of all-weather tents and booth partitions by early in the fourth quarter along with indoor dining rooms beginning to re-open in California. Off-premise sales also remain strong as Guests continue to seek out our craveable, high-quality food through the convenience of carryout and third-party delivery. As we navigate through the pandemic, our Team Members are doing an incredible job prioritizing health and safety protocols while delivering consistent, quality execution of our brand promise with continued, record guest satisfaction scores."
MNTX

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08:39 EDT Manitex announces new orders for fleet of Valla electric cranes valued at ~$2.5M - Manitex said in a release, "Manitex announced that it has been awarded a contract by Colle Rental & Sales, of Sittard, Netherlands, for Valla electric cranes, valued at approximately $2.5M. The new order represents the largest single Valla order in the company's 75-year history. The initial order is for more than 30 cranes that will join Colle's rental fleet in the second half of 2020, and includes a number of the company's electric, zero-emissions models, the Valla V80R, V110R, V36 R and V200R. The order additionally provides the customer with the option to purchase approximately $1.9M of new Valla cranes in 2021."
TGNA

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08:36 EDT TEGNA appoints Grady Tripp as chief diversity officer - TEGNA said in a release, "TEGNA announced that Grady Tripp has been appointed vice president and chief diversity officer. In this newly created position, Tripp will report directly to TEGNA president and CEO Dave Lougee and partner with organizational leaders to develop and execute the company's diversity strategy. As chief diversity officer, Tripp will oversee attracting, retaining and growing diverse talent at all levels of the company, developing training programs to enhance awareness and accountability in diversity issues, facilitating the company's racial diversity and inclusion employee working group and providing thought leadership to TEGNA colleagues and the media industry."
DTSS

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08:36 EDT Datasea signs six agreements to implement Smart Information Service System - Datasea has entered into service agreements involving its Smart Information Service System with Shenzhen Linghang Haocheng Education Technology Co., an education training company, Shenzhen Weisou Technology Co., an application operator, and four gas stations in Shenzen and Shanwei, all located on the Guangdong province.
CORT

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08:35 EDT Corcept Therapeutics initiates Phase 2 trial of miricorilant - Corcept Therapeutics announced enrollment of its first patient in GRATITUDE II, a randomized, double-blind, placebo-controlled, Phase 2 trial of miricorilant in obese patients with schizophrenia and long-standing antipsychotic-induced weight gain. GRATITUDE II has a planned enrollment of 150 patients, who will continue to receive their established dose of antipsychotic medication, plus either 600 milligrams of miricorilant, 900 milligrams of miricorilant or placebo, for 26 weeks. The primary endpoint is reduction in bodyweight. GRATITUDE II will be conducted at 35 centers in the United States. GRATITUDE I, Corcept's first Phase 2 trial of miricorilant in APIWG, continues to enroll patients with schizophrenia and recent weight gain. Patients in GRATITUDE I receive, in addition to their established antipsychotic regimen, either 600 milligrams of miricorilant or placebo for 12 weeks. The primary endpoint is change in bodyweight.
PDLI

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08:34 EDT PDL BioPharma to complete Lensar spin-off on October 1 - PDL BioPharma has approved the separation of Lensar, a majority owned subsidiary of PDL, from PDL in the form of a dividend involving the distribution of all outstanding shares of Lensar common stock owned by PDL to holders of PDL common stock. Lensar common stock is expected to be distributed on October 1 to PDL stockholders of record as of September 22. PDL stockholders will receive 0.075879 shares of Lensar common stock for every one share of PDL common stock held by such holders - after giving effect to a one-for-nine reverse split of LENSAR's common stock effected on September 9 -. Immediately after the distribution is completed, Lensar will be an independent, publicly traded company, and "regular-way" trading of Lensar's common stock will begin the first trading day after the completion of the distribution. The Lensar stock is expected to be listed on Nasdaq under the symbol "LNSR." No action is required by PDL stockholders to receive the shares of Lensar common stock in the distribution. Fractional shares of LENSAR common stock will not be distributed, but aggregated and sold in the public market by the transfer agent. The aggregate net proceeds of these sales will be distributed ratably as cash payments to the stockholders who would otherwise have received fractional interests. Lensar expects its common stock to begin trading on a "when-issued" basis shortly before the September 22 record date under the ticker "[LNSRV]." The completion of the distribution is subject to the satisfaction or waiver of a number of conditions, including the declaration by the SEC of the effectiveness of the Form 10, the LENSAR common stock being accepted for listing on the Nasdaq exchange and final approval by the PDL Board of Directors that the distribution remains in the best interest of PDL and its stockholders and that the distribution is still advisable.
CRVS

Hot Stocks

08:34 EDT Corvus Pharmaceuticals announces updated data from Phase 1 study of CPI-006 - Corvus Pharmaceuticals announced updated data from its ongoing Phase 1 study investigating the potential for CPI-006 to provide a novel immunotherapy approach for patients with COVID-19. The results demonstrated that all evaluable patients treated in the first two cohorts of the study produced significant titers of antibody to SARS-CoV-2 within seven days of receiving the treatment, with levels of antibody, including neutralizing antibodies, continually increasing out to 28 days. In addition, all of these patients were discharged from the hospital with clinical improvement and none experienced any drug-related safety issues. The study has completed enrollment in the third cohort of five patients, with the overall study expected to enroll up to 30 patients. The open-label, Phase 1 study is expected to enroll up to 30 hospitalized COVID-19 patients with mild to moderate symptoms. Patients will receive a single dose of CPI-006, with levels of 0.3, 1.0, 3.0 and 5.0 mg/kg, escalating in four cohorts as the study progresses. Patients will receive medications, therapies, and interventions per standard treatment protocols for COVID-19 for the duration of the study. The primary efficacy endpoint is the change in serum immunoglobulin anti-SARS-CoV-2 levels compared to baseline at day 28. The study also will examine safety and other clinical endpoints, including time to resolution of symptoms and duration of hospitalization. The Company has submitted a manuscript describing the initial results from the first two cohorts of the study for publication online at medRxiv.org. In the study, the median age of the patients was 64 years and all the patients had comorbidities that increased their COVID-19 risk: diabetes, hypertension, obesity, and/or cancer. The median duration of symptoms prior to treatment with CPI-006 was 8 days. The key highlights from these 10 patients, include: Nine of 9 patients with pre-treatment serum samples available had low pre-treatment levels of anti-SARS-CoV-2 antibodies independent of the duration of their prior COVID-19 symptoms. IgG and IgM antibody titers against the SARS-CoV-2 trimeric spike and/or receptor binding domain increased in 8 of 8 evaluable patients within 7 days of a single infusion of low doses of CPI-006. One patient did not have a pre-treatment serum sample available but had a sample collected one day after receiving CPI-006 and this sample exhibited a high titer, which continued to increase. In five patients measured, the antibodies were neutralizing; one patient with lymphopenia showed a delay in generating neutralizing antibodies. In all patients evaluated, the antibody responses continued to increase out to 28 days post treatment with CPI-006. Rising titers of greater than1:200,000 to spike protein and greater than1:100,000 to RBD were observed. IgM titers also continued to rise reaching levels of 1:100,000 in some patients. One patient continued to have rising titers beyond 56 days with serum titers of IgG both to spike and to RBD of greater than102,000. Neutralizing antibody titers also increased progressively out to 28 days, which was the latest time point available. In one patient tested, memory B cells increased from 1.8% to 4.8% of B cells at 28 days post treatment with CPI-006, with serum IgG titers to spike and to RBD of greater than1:50,000. In three of three patients tested to-date, CD4 and CD8 T effector memory cells increased by day 28 post treatment with CPI-006 and these cells were shown to respond specifically to SARS-CoV-2 viral antigens. All 10 patients were discharged from the hospital with clinical improvement after a median of 4 days. There were no drug-related toxicity or safety issues reported. Additional data from this study is expected to be available in late 2020, including results from the 3.0 and 5.0 mg cohorts and longer follow-up data from the 0.3 and 1.0 mg cohorts. The Company has submitted for a potential presentation of data from this study at the Society for Immunotherapy of Cancer annual meeting in November. In addition, if the study meets its objectives, Corvus intends to work with the FDA to initiate a broader, randomized study that could potentially be adapted into a pivotal study to support a regulatory submission for FDA approval.
CVS

Hot Stocks

08:33 EDT CVS Health: COVID-19 tests available for children 12, older at drive-thru sites - As part of its comprehensive effort to increase access to COVID-19 testing in order to help slow the spread of the virus, CVS Health announced that children age 12 years and older are eligible for testing at the more than 2,000 test sites located at select CVS Pharmacy drive-thru testing locations, starting Friday, September 11. In addition, more than 120 new test sites will open Friday at CVS Pharmacy drive-thru locations across the country. In recent weeks, CVS Health has expanded its network of independent third-party lab partners in an effort to help improve turnaround time for the delivery of test results. As a result, the majority of test results from specimens collected at CVS test sites across the country will generally be available within 2 - 3 days.
C

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08:32 EDT Citi CEO Michael Corbat plans to retire Feb. 2021, Jane Fraser to succeed - Citi said in a release, "Citi CEO Michael Corbat announced that, after 37 years at Citi, including the last eight years as CEO, he plans to retire from Citi and step down from its board in February of 2021. The board selected Jane Fraser, currently Citi's President and CEO of Global Consumer Banking, to succeed him as CEO in February, and she has been elected to the board, with service beginning immediately. Jane Fraser has been at Citi for 16 years and has been in her current roles since 2019. Jane Fraser is currently the President of Citi and the CEO of Global Consumer Banking. Her global responsibilities include all Consumer businesses in 19 countries, including Retail Banking and Wealth Management, Credit Cards, Mortgages and the associated Operations and Technology."
C

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08:30 EDT Citi CEO Michael Corbat announces plans to retire Feb. 2021
NNDM

Hot Stocks

08:30 EDT Nano Dimension director Yaron Eitan invests in company - Nano Dimension announced that Yaron Eitan, who joined the Company' board of directors in February 2020, is purchasing from the Company a warrant to buy up to 1,500,000 of the Company's American Depositary Shares for an exercise price of $2.25 per ADS, a total investment of $3,375,000. The cost of the warrant is $150,000. The warrant will vest over a period of three years and will have a term of seven years.
CNTG

Hot Stocks

08:25 EDT Centogene expands COVID-19 testing capacity at Frankfurt Airport - Centogene announced that the company has expanded its SARS-CoV-2 testing capacity at Frankfurt Airport to continue supporting safe travel for passengers as international borders open amid the new normal/ Passengers flying to or from Frankfurt Airport with Lufthansa will be able to perform the test at the new expanded sampling center conveniently located near the main terminal. This can either be completed the day before traveling or with a fast track solution the same day before departure. All results are delivered to the passenger via a secure digital platform. Additionally, passengers can opt into an ID confirmation service, assuring authorities that the passengers' identities correspond with the test results. CENTOGENE's Frankfurt COVID-19 Testing Facility will also be available to anyone wishing to get tested, whether they are travelling or not. The Company believes that a fully digitized system, which now includes integration with the Corona-Warn-App, is the only way to efficiently provide testing that reaches travelers in a way that is easily accessible. The entire process is supported by an innovative digital workflow, which allows customers to easily register, order, and download reports via their smartphone or computer.
RZLT GSK

Hot Stocks

08:22 EDT Rezolute appoints Philippe Fauchet to board of directors - Rezolute (RZLT) announced that the Company has appointed veteran global healthcare executive Philippe Fauchet, O.B.E. to its board of directors. Philippe has spent more than 35 years in the pharmaceutical industry, including most recently as the chairman of GlaxoSmithKline Japan (GSK) where he joined as president & representative director in 2010.
KNCAY

Hot Stocks

08:21 EDT Konica Minolta introduces Exa Gateway platform for remote reading - Konica Minolta Healthcare is introducing Exa Gateway, a cost-effective platform for secure remote reading that connects hospital radiology departments, radiology practices and teleradiologists through technology and services. Many radiology imaging facilities are not staffed to handle the increased volume of studies and are seeking ways to supplement reading services to avoid lengthy report turn-around-times and further disruptions to patient care. It is anticipated that the use of teleradiology and remote reading services will continue to be increasingly utilized post-pandemic, particularly with a projected shortage of tens of thousands of radiologists in the US by 2025. By utilizing a facility's existing PACS investment, Exa Gateway minimizes costs, streamlines connectivity and enables teleradiologists to use their current PACS worklist and viewer with which they are already familiar. There is no additional strain on existing IT staff and resources. Hospital radiology departments can add to or start teleradiology services, providing the flexibility to manage fluctuating volumes. Radiology practices can implement remote reading capabilities with access to teleradiologists to handle overflow of studies or provide overreads and sub-specialty interpretations, enhancing their service to referring physicians and patients. Exa Gateway can be configured for both existing Exa customers and non-Exa users.
ADXS

Hot Stocks

08:18 EDT Advaxis sees cash sufficient to fund obligations until July 2021 - As of July 31, 2020, the Company had approximately $23.8 million in cash and cash equivalents. The Company believes this is sufficient capital to fund its obligations, as they become due, in the ordinary course of business until July 2021.
BNGO

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08:16 EDT Bionano Genomics announces adoption of Saphyr at European pediatric hospitals - Bionano Genomics announced that its Saphyr system has been adopted through reagent-rental agreements by three renowned institutions in Spain, Italy and France: Nino Jesus University Children's Hospital in Madrid; Ospedale Pediatrico Bambino Gesu in Rome; and Necker-Enfants Malades Hospital in Paris. The three children's hospitals aim to assess Saphyr's potential for use in diagnosing childhood leukemias versus current standards of care, including karyotyping, chromosomal microarray and FISH.
SKYS

Hot Stocks

08:15 EDT Sky Solar announces Square Acquisition's purchase of ordinary shares, ADSs - Sky Solar Holdings announced that the Square Acquisition Co.'s tender offer to purchase all of the issued and outstanding ordinary shares, par value US$0.0001 each, of Sky Solar including all Ordinary Shares represented by American depositary shares, expired at 12:00 midnight, New York City time, at the end of the day on September 8, 2020. Computershare Trust Company, N.A., the tender agent for the Offer, has advised that, as of immediately prior to the expiration of the Offer, a total of 76,070,636 Ordinary Shares had been validly tendered pursuant to the Offer, representing approximately 18.1% of 419,546,494 outstanding Ordinary Shares of Sky Solar. In addition, Notices of Guaranteed Delivery have been delivered for 8,523,620 Ordinary Shares, representing approximately 2.0% of the outstanding Ordinary Shares of Sky Solar.
AAN

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08:14 EDT Aaron's up 4% to $57.50 after raising Q3 guidance
NLTX

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08:13 EDT Neoleukin Therapeutics appoints Martin Babler to board of directors - Neoleukin Therapeutics (NLTX) announced the appointment of Martin Babler, President and CEO of Principia Biopharma (PRNB), to the company's Board of Directors.
NKLA

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08:13 EDT Nikola down 2% in pre-market after Hindenburg alleges fraud - In pre-market trading, shares of Nikola are down 98c, or 2.3%, to $41.39 after short-selling focused firm Hindenburg Research accused the company and its founder, Trevor Milton, of fraud.
TSEM

Hot Stocks

08:11 EDT Tower Semiconductor says all manufacturing sites operational after cyber event - Tower Semiconductor announced that all of its manufacturing sites are operational, targeting full capability within the next few days, an effective recovery from the cyber event announced on September 6, 2020. Due to immediate and effective procedures, Tower is confident of the functional quality of the work in progress and production line inventories, with Company and customer data remaining protected. Due to the manufacturing disruption, the Company expects some level of impact to its third quarter results.
EQIX

Hot Stocks

08:11 EDT Equinix investigating security incident involving ransomware on internal systems - In a regulatory filing, Equinix disclosed that it is currently investigating "a security incident we detected that involves ransomware on some of our internal systems. Our teams took immediate and decisive action to address the incident, notified law enforcement and are continuing to investigate. Our data centers and our service offerings, including managed services, remain fully operational, and the incident has not affected our ability to support our customers. Note that as most customers operate their own equipment within Equinix data centers, this incident has had no impact on their operations or the data on their equipment at Equinix. The security of the data in our systems is always a top priority and we intend to take all necessary actions, as appropriate, based on the results of our investigation."
DFFN

Hot Stocks

08:10 EDT Diffusion Pharmaceuticals doses first two patients with TSC in COVID-19 trial - Diffusion Pharmaceuticals announced dosing of the first two patients in the Company's open-label Phase 1b lead-in trial of its novel, oxygen-enhancing therapeutic, trans sodium crocetinate, in 24 hospitalized COVID-19 patients. In addition to evaluating the safety and tolerability of TSC, this trial will collect preliminary data on TSC's effects on arterial blood oxygenation. The Company believes these pharmacodynamic data will provide proof of concept for TSC in hypoxemic patients, and these data will be used to guide design of the planned follow-on efficacy study. The Phase 1b study is being conducted at the Romanian National Institute of Infectious Diseases. The planned follow-on efficacy trial will be a randomized, placebo-controlled safety and efficacy study of TSC in hospitalized COVID-19 patients that will be conducted in the United States and Europe after consultation with, and approval from, local regulatory authorities.
CTG

Hot Stocks

08:09 EDT CTG says 'on track' to position company as 'premier global solutions provider' - CTG issued the following statement: "For the past several years, the CTG Board and management team have been implementing a plan to transform into a high-margin, solutions-centric business. We have made significant progress in this transformation and our strong performance trends over the past eighteen months are proof that our strategy is working. Despite the unprecedented and challenging global business environment, we delivered strong second quarter results with both revenue and non-GAAP operating profit increasing sequentially. These results are directly attributable to our team's dedication and the disciplined execution of our strategy, and contributed to CTG achieving our highest first half operating margin and non-GAAP earnings per share in six years. By continuing to shift our portfolio toward higher margin services and solutions, we will enhance the durability of our business model, improve operating leverage and position the Company to capitalize on opportunities for growth and value creation over the long-term. CTG's directors are actively engaged in overseeing the Company's transformation, and challenge the executive management team to deliver on our strategic objectives and create value for stakeholders. The CTG Board brings significant senior leadership experience and expertise in information technology, strategic planning, risk management and other areas relevant to the Company's strategy and operations. In the last three years the Board has added two new directors who bring fresh perspective, and whose diverse backgrounds add to the Board's deep bench of talent. The CTG Board reviews the Company's pay programs, including those for directors, to ensure they are competitive with our peers and reflect industry best practices. We continue to stand at the forefront of aligning executive and director compensation with performance and total shareholder returns. To that end, the Compensation Committee of the Board, with the support of an independent consulting firm, develops packages that include a significant amount of tailored, performance-based incentives. In January 2018, we eliminated cash compensation for non-employee directors in favor of providing compensation exclusively in CTG shares to directly align the interests of our non-employee directors to those of our shareholders. In addition, in 2017 and 2018 the Board awarded equity-based compensation for senior leadership that included grants and associated vesting solely based upon a 50% and 100% increase in CTG's share price. In both 2019 and 2020, a significant portion of the equity grants to the leadership team included performance targets that must be met before any vesting will occur. Based upon the most recent study performed by the Company's independent consultant, CTG directors are paid at the median as compared with similar sized companies, and other than a minor change to the chairman's fee for participation on the Nomination and Governance Committee, there have been no changes in Board fees since 2014. Prior to October 2014, the position of CEO and Chairman were combined in one position. In October 2014, a non-executive chairman was elected by the Board. The fees paid to the Chairman of the Board, totaling $100,000 annually, were a significant part of the increase in the Board's total compensation when comparing the 2015 Board fees with those from 2014. Our dynamic business generates solid and consistent free cash flow. In recent years, with the support of numerous CTG investors, the Company has developed a program to return excess capital to shareholders in a tax-free manner under a robust share repurchase authorization. We will continue to take steps to build on our momentum and position CTG to capitalize on the significant long-term growth opportunities in our served end markets. We are confident that our expanded solutions offerings during the second half of the year will advance our future growth opportunities and accelerate the achievement of our objectives, including generating substantial long-term value for CTG shareholders."
HSTO

Hot Stocks

08:08 EDT Histogen completes dosing milestone in 1b/2a trial for androgenic alopecia - Histogen announced completion of patient dosing for the week 6 treatment timepoint in its Phase 1b/2a clinical trial of HST-001, designed to assess the safety, tolerability and indicators of efficacy of HST-001 for the treatment of androgenic alopecia in men.
KSS ADDYY

Hot Stocks

08:08 EDT Kohl's launches Adidas active collection with actress Zoe Saldana - Kohl's (KSS) and Adidas (ADDYY) announced a new collaboration with actress and activist Zoe Saldana to launch the adidas x Zoe Saldana collection of active apparel, footwear and accessories for women. Curated by Zoe Saldana herself, the trend-forward head-to-toe women's activewear collection includes tops, bottoms, jackets, footwear, bags and hats. The collection includes an array of pastel and colors, for all women, whether hanging out at home or exercising on-the-go, providing her plenty athleisure wardrobe options that will be available on Kohls.com and in select Kohl's stores beginning September 30. Kohl's will bring the adidas x Zoe Saldana collection to its millions of customers nationwide through a two-year partnership with Adidas.
LGND

Hot Stocks

08:07 EDT Ligand acquires xCella Biosciences for $7M, Taurus Biosciences for $5M - Ligand said in a release, "Ligand Pharmaceuticals announces the acquisition of two privately held companies that strengthen and complement its OmniAb technology platform. Ligand acquired xCella Biosciences, Inc. for $7 million in cash plus potential earnouts, and acquired Taurus Biosciences LLC for $5 million in cash plus non-transferable contingent value rights, or CVRs. In addition, Ligand will invest $2.5 million in a new company, Minotaur Therapeutics, which will be led by Taurus Biosciences' founder, in exchange for royalties on products from future programs. With the addition of these two companies, Ligand has secured a technology to further enhance its single B cell screening platform as well as technologies to discover and humanize antibodies from immunized cows or cow-derived libraries. The acquisitions are expected to enable Ligand to secure new license agreements with expanded economics as a result of the addition of tools and intellectual property that Ligand can now offer to partners. Ligand evaluated multiple public and private platforms to acquire in order to continue the expansion of the OmniAb platform and determined xCella and Taurus represented the best fit and opportunity."
STSA

Hot Stocks

08:07 EDT Satsuma: EMERGE trial data did not show statistically significant differences - Satsuma Pharmaceuticals announced topline results from its Phase 3 EMERGE efficacy trial of STS101 powder as an acute treatment for migraine. Although topline data showed numerical differences in favor of STS101 3.9 mg and 5.2 mg versus placebo on the pre-specified co-primary endpoints of freedom from pain and freedom from most bothersome symptom at two hours post-administration, these differences did not achieve statistical significance for either dosage strength. Both dosage strengths of STS101 did, however, demonstrate significant effects on both freedom from pain and most bothersome symptom by three hours post-dose and later time points. Both STS101 dosage strengths were well-tolerated in the EMERGE trial, with low adverse event rates and no serious adverse events reported. Further analysis of EMERGE trial data is ongoing, and Satsuma expects to provide a more detailed update on its business plans after these analyses are completed. As of June 30, 2020, the Company had cash, cash equivalents and marketable securities of $93.7 million.
HALO JNJ

Hot Stocks

08:06 EDT Halozyme: Janssen submits sBLA to FDA for approval of DARZALEX FASPRO - Halozyme (HALO) announced that its collaborator Janssen Biotech (JNJ), has submitted a supplemental Biologics License Application to the U.S. FDA seeking approval of DARZALEX FASPRO, a subcutaneous formulation of daratumumab utilizing Halozyme's ENHANZE technology, for the treatment of patients with light chain amyloidosis, a rare and potentially fatal disease for which there are no currently approved therapies. The sBLA is supported by positive results from the Phase 3 ANDROMEDA study, which were presented as a late-breaking abstract at the 25th European Hematology Association Annual Congress in June 2020. Janssen's ANDROMEDA study evaluated subcutaneous daratumumab in combination with bortezomib, cyclophosphamide, and dexamethasone compared to VCd alone and met its primary endpoint of overall hematologic complete response rate.
PZZA

Hot Stocks

08:05 EDT Papa John's signs development deal to open 49 new stores in Philadelphia area - Papa John's announced the signing of its largest traditional store development agreement in North America in over 20 years, accelerating growth of the Papa John's brand in the Philadelphia area. Under the agreement, HB Restaurant Group, which currently owns 43 restaurants in the Mid-Atlantic area and has been a Papa John's franchisee since April 2019, is to open 49 new stores in Philadelphia and southern New Jersey between 2021 and 2028.
ZGNX

Hot Stocks

08:04 EDT Zogenix announces topline results from third Phase 3 trial of FINTEPLA - Zogenix reported top-line results from its third Phase 3 study of FINTEPLA oral solution for the treatment of seizures associated with Dravet syndrome. The study corroborates the substantial impact of FINTEPLA on convulsive seizure reduction previously demonstrated in two earlier Phase 3 trials in patients with this severe, rare and often debilitating form of infant-onset epilepsy. It also expands the countries where FINTEPLA has been evaluated to include Japan and Study 3 will be the pivotal study included in the Company's planned submission of a new drug application in that country, expected to occur in 2021. Study 3 was a multi-national, randomized, double-blind, placebo-controlled, Phase 3 study enrolling 143 children and young adults with Dravet syndrome, whose seizures were not adequately controlled by existing anti-epileptic drugs. The median age of patients was 9 years and the average baseline convulsive seizure frequency across the study groups was approximately 63 seizures per month. Following a six-week baseline observation period, patients were randomized to one of three treatment groups: FINTEPLA 0.7 mg/kg/day, FINTEPLA 0.2 mg/kg/day or placebo, in which FINTEPLA or placebo was added to each patient's current treatment regimen of anti-epileptic drugs. Patients were titrated to their target dose of FINTEPLA over two weeks and then remained at that fixed dose for 12 weeks. The study met its primary objective in demonstrating that patients in the FINTEPLA 0.7 mg/kg/day group achieved a 64.8% greater reduction in mean monthly convulsive seizures compared to the placebo group. The median percent reduction in monthly convulsive seizure frequency was 73.7% among FINTEPLA 0.7 mg/kg/day patients compared to 7.6% in placebo patients. The same analyses comparing FINTEPLA at a lower dose of 0.2 mg/kg/day versus placebo was a key secondary objective and demonstrated that patients in the lower dose group achieved a 49.9% greater reduction in mean monthly convulsive seizures compared to placebo. Collectively, these top-line data are highly consistent with the results of Study 1 in demonstrating a dose-response relationship for FINTEPLA in the treatment of convulsive seizures in Dravet syndrome. Additional key secondary objectives of the study were to compare FINTEPLA 0.7 mg/kg/day and 0.2 mg/kg/day with placebo in terms of the proportion of patients who achieved greater than or equal to50% reductions in monthly convulsive seizures and the median of the longest convulsive seizure-free interval. The proportion of patients who achieved greater than or equal to75% seizure reductions, a secondary efficacy measure, is also presented. FINTEPLA was generally well-tolerated in this study, with adverse events consistent with those observed in Study 1 and Study 2 and with the known safety profile of fenfluramine. The incidence of treatment-emergent adverse events was higher in the treatment groups as compared to the placebo group, with 91.7% of patients in the 0.7 mg/kg/day group and 91.3% of patients in the 0.2 mg/kg/day group experiencing at least one treatment-emergent adverse event compared to 83.3% of patients in the placebo group. The incidence of serious adverse events was similar in all three groups with 6.3% of patients in the 0.7 mg/kg/day group and 6.5% of patients in the 0.2 mg/kg/day group experiencing at least one treatment-emergent serious adverse event compared to 4.2% of patients in the placebo group, including one placebo patient who died due to SUDEP. Prospective cardiac safety monitoring throughout the study showed that no study patients developed valvular heart disease or pulmonary arterial hypertension FINTEPLA was approved by the U.S. Food and Drug Administration in June 2020 for the treatment of seizures associated with Dravet syndrome in patients 2 years of age and older and a Marketing Authorization Application is under review by the European Medicines Agency. In March 2019, Zogenix entered into an exclusive distribution agreement with Nippon Shinyaku, Co., Ltd. for the commercialization of FINTEPLA in Japan. Zogenix will supply product to Nippon Shinyaku and retains responsibility for completing its global clinical development programs for FINTEPLA, including those underway to support Zogenix's planned submissions of new drug applications in Japan for Dravet syndrome and Lennox-Gastaut syndrome.
TGT

Hot Stocks

08:03 EDT Target plans to increase representation of Black team members 20% over 3 years - As part of its longstanding commitment to creating a culture that is diverse, equitable and inclusive, Target released a detailed racial and gender breakdown of its team across all levels of the organization. Along with issuing the report, Target also announced plans to increase representation of Black team members across the company by 20% over the next three years by sharpening its focus on advancement, retention and hiring. "Inclusivity is a deeply rooted value at Target and we've had an ambitious diversity and inclusion strategy for many years for our guests and team. We know that having a diverse workforce and inclusive environment not only creates a stronger team, but also provides the perspectives we need to create the products, services, experiences and messages our guests expect," said Melissa Kremer, Chief Human Resources Officer. "The next step in this journey is being even more transparent with our progress by sharing a deeper look into the racial and gender diversity of our team, listening to our team's feedback along the way and using this information to drive a number of new commitments for our team."
SOLY

Hot Stocks

08:03 EDT Soliton signs distribution agreement with Aesthetic Solutions for RAP device - Soliton has entered into a distribution and sales agreement with Aesthetic Solutions to distribute its Rapid Acoustic Pulse, or RAP, device and advanced design cartridges during the initial U.S. commercial launch, targeted for the first half of 2021. The company's first planned commercial product is designed to use rapid pulses of designed acoustic shockwaves in conjunction with existing lasers to accelerate the removal of unwanted tattoos. In addition, higher energy versions of acoustic pulse devices are in early stages of development for potential stand-alone treatment of cellulite and other indications. The RAP device is planned to incorporate both the tattoo removal indication and the cellulite reduction indication, pending FDA clearance of the cellulite indication. Soliton's RAP technology has not yet been cleared by the FDA for cellulite reduction and is not available for sale in the U.S. for this indication.
EBIX

Hot Stocks

07:53 EDT EbixCash handles travel needs for five of eight franchises in IPL event - EbixCash announced that it is handling the travel needs for five of the eight franchises involved in a 82-day Indian Premier League cricket sporting extravaganza in Dubai. Telecast in 8 languages, IPL is seen as one the most watched sporting events in the world with 2019 viewership of 462 million across TV and Digital. Under the leadership of the Mr. Naveen Kundu, Managing Director for EbixCash Tours & Travels, EbixCash has been able to secure this prestigious assignment that involves end to end needs for many franchises including chartered flights, ground transportation, foreign exchange, hotel rooms and event insurance coverage. As a part of this engagement of EbixCash independently by five of the IPL Franchises, EbixCash is handling - Approximately 19,000 plus hotel room night bookings for four franchises; Chartered flights for five franchises; Ground transportation for two franchises; Foreign exchange needs for entire entourage of four of the teams; Event insurance coverage for one team. Kings XI Punjab, Delhi Capitals, Rajasthan Royals, Kolkata Knight Riders and Chennai Super Kings are the five franchises who have engaged EbixCash Tours and Travels for varied travel needs of each of the franchises. The Indian Premier League is a professional Twenty20 cricket league in India contested every year by eight teams involving players from across the world, representing eight different cities in India.
GDS

Hot Stocks

07:47 EDT GDS Holdings announces partnership on renewable energy initiatives - GDS Holdings announced that GDS and Sembcorp Industries, through their Chinese subsidiaries, signed a Memorandum of Understanding to partner on renewable energy initiatives. Sembcorp, a Temasek portfolio company, has more than 700 MW of wind power assets in operation across Hebei province and Inner Mongolia autonomous region and also provides innovative water and wastewater treatment solutions in China. Under the MoU, GDS and Sembcorp will work together to develop and provide renewable energy solutions for GDS data centers wherever accessible in China. Both companies will also seek to explore other opportunities to realize operational synergies between GDS's green data centers and Sembcorp's renewable power generation and water management systems.
TRQ

Hot Stocks

07:39 EDT Turquoise Hill provides update on funding discussions with Rio Tinto - Turquoise Hill provides an update with respect to its engagement with the company's controlling shareholder, Rio Tinto, concerning the long-term funding of Oyu Tolgoi. On September 9, Turquoise Hill and Rio Tinto signed a non-binding Memorandum of Understanding to pursue a re-profiling of existing project debt in line with current cash flow projections. The MOU also reflects the parties' understanding with respect to the raising of supplemental senior debt, the process for identifying and considering other funding options, and the scope and timing for a Turquoise Hill equity offering to address any remaining funding gap with respect to Oyu Tolgoi. Turquoise Hill and Rio Tinto expect that a successful Re-profiling would reduce the currently-projected funding requirements of Oyu Tolgoi by up to US$1.4B. Turquoise Hill and Rio Tinto will further seek to extend political risk mitigation through the planned raising of SSD in the form of amortizing term loans to Oyu Tolgoi in the aggregate amount of up to $500M. The balance of the funding gap will need to be satisfied by way of a TRQ equity offering. In the MOU, the parties have recorded their shared objective of ensuring that any required equity offering is completed not less than 90 days prior to Turquoise Hill becoming unable to meet its obligations as they become due.
EDNT

Hot Stocks

07:37 EDT Edison Nation launches direct to consumer PPE initiative - Edison Nation announced the launch of new products on Amazon. Purple Mountain Clean a custom blended Made in America hand sanitizer and InUSA 5-pack Disposable Face Masks were recently added to Edison Nation's catalog of products to compliment the Company's existing brands such as Cloud B and UberMom. The company also introduced a new product invented by a member of the Edison Nation Innovator Community, Danny Blacker, called Shower Lily. Shower Lily is a reusable loofah handle, packaged on Amazon with a loofah puff and is licensed under Edison Nation's brand Lily & Gray Living.
THTX

Hot Stocks

07:35 EDT Theratechnologies to develop tesamorelin for treatment of NASH - Theratechnologies announced that it plans to pursue Phase 3 clinical development of tesamorelin for the treatment of Non-Alcoholic Steatohepatitis in the general population. It was recently published in JCI Insight, a peer-reviewed medical journal, that in HIV-associated NAFLD/NASH, tesamorelin has a positive effect on gene expression related to oxidative phosphorylation, decreased gene expression related to inflammation, tissue repair and cell division while improving gene expression associated with favorable hepatocellular carcinoma prognosis. Based on its unique mode of action, tesamorelin is designed to work upstream to reduce the accumulation of liver fat, which can lead to NASH. Theratechnologies intends to submit its Phase 3 study protocol to the United States Food and Drug Administration and the European regulatory agencies in the coming weeks. Subject to feedback from the regulatory agencies, the trial would involve approximately 650 patients with fibrosis scores of 2 and 3 and with a NAS score of at least 4 and also include a cohort of 50 people living with HIV. The enrollment of patients is planned for the first quarter of 2021. Patients will be treated for a period of 18 months. As per published regulatory guidelines, the primary endpoints will assess NAS score normalisation and absence of worsening of fibrosis stage, or fibrosis improvement greater than or equal to 1 stage and no worsening of NAS. Theratechnologies intends to use a new investigational formulation of tesamorelin, known as "F8", for the Phase 3 trial in NASH. In addition, a supplemental Biologics License Application is expected to be filed with the FDA in early 2022 in HIV-associated lipodystrophy using a convenient, multi-dose pen injector currently being developed for this new formulation. The F8 is patent protected in the U.S. until 2033 and until 2034 in major European countries. Furthermore, a notice of allowance was issued by the United States Patent and Trademark Office on a pending US patent application filed by the Massachusetts General Hospital in March 2020 relating to the treatment of hepatic disease using GHRH or analogues thereof. This patent application claims, amongst other things, a method for the treatment of NAFLD or NASH in a patient via the administration of tesamorelin. Theratechnologies has an exclusive license with the MGH to this patent application. Theratechnologies continues to explore the filing of additional patent applications in the NAFLD/NASH field.
KMPH

Hot Stocks

07:33 EDT KemPharm partner KVK-Tech enters collaboration agreement with Sure Med - KemPharm announced that its commercial partner for APADAZ, KVK-Tech has entered a collaboration agreement with Sure Med Compliance. The program aligns APADAZ with Sure Med's Care Continuity Program in a new study program to generate anonymized patient outcome and utilization data that will measure the impact of switching patients from other hydrocodone/acetaminophen products to APADAZ, where appropriate. KVK and Sure Med Compliance will initially launch the program in Alabama with additional states expected to follow. CCP is a proprietary software as a service platform that informs opioid prescribers of patient risks and therapy benefits in order to identify and document a patient's suitability for opioid therapy. APADAZ is a combination of benzhydrocodone, a prodrug of hydrocodone, and acetaminophen that has been approved by the U.S. Food and Drug Administration and is intended for the short-term management of acute pain. Per the collaboration agreement, Sure Med and KVK will develop a patient and provider support program to provide education to physicians, pharmacies, and patients regarding responsible opioid therapy. Participating physician groups and pharmacies will utilize Sure Med's compliance tools to document consideration of legitimate medical purpose for opioid therapy. The program will also introduce APADAZ as a responsible alternative for opioid therapy, where appropriate, and collect utilization and patient outcome data related to the use of APADAZ as a replacement for branded and generic prescription opioid products.
SHYF

Hot Stocks

07:32 EDT Shyft Group opening new manufacturing facility in Florida - Shyft Group plans to open a new 35,000-square-foot manufacturing facility in Jupiter, Florida. The facility will primarily be used for Strobes-R-Us specialty vehicle fleet upfit and retail sales, while providing the company's Utilimaster brand with additional regional manufacturing and assembly capacity. Production at the new Palm Beach County facility is expected to begin this fall. The expansion is expected to immediately create 40 new skilled trades positions.
ZLAB

Hot Stocks

07:31 EDT Zai Lab announces NMPA approval of ZEJULA for ovarian cancer treatment - Zai Lab announced that the China National Medical Products Administration has approved its supplemental New Drug Application for ZEJULA, an oral, once-daily poly polymerase inhibitor, as a maintenance treatment of adult patients with advanced epithelial ovarian, fallopian tube, or primary peritoneal cancer who are in a complete or partial response to first-line platinum-based chemotherapy. ZEJULA's sNDA for the first-line maintenance treatment setting was accepted by the NMPA in March 2020, and was granted priority review status in April 2020.
MYGN HPE

Hot Stocks

07:13 EDT Myriad Genetics appoints Rashmi Kumar to board of directors - Myriad Genetics (MYGN) announced the election of Rashmi Kumar to its Board of Directors, effective immediately, expanding the Board to 12 members. Additionally, Ms. Kumar was appointed to the Audit and Finance Committee of Myriad's Board. Kumar is SVP and Global CIO of Hewlett Packard Enterprise Company (HPE).
GWPH

Hot Stocks

07:11 EDT GW Pharmaceuticals appoints David Gryska to board of directors - GW Pharmaceuticals announced the appointment of David Gryska to the Board of Directors. Mr. Gryska will also serve as a member of the Audit Committee. Gryska has years of experience as CFO at Incyte Corporation, Celgene Corporation, Scios, Inc., and Cardiac Pathways Corporation and is currently on the boards of Seattle Genetics, Inc., PDL BioPharma, Inc., and Aerie Pharmaceuticals.
CLGX

Hot Stocks

07:11 EDT CoreLogic sends letter to shareholders regarding Senator and Cannae proposal - CoreLogic sent a letter to shareholders detailing CoreLogic's "outperformance," 2020 outlook and growth prospects for 2021 and 2022. The company said, "In light of Senator and Cannae's proposal to take control of our Board of Directors by removing and replacing nine directors with their hand-picked nominees, the letter also provides important facts about CoreLogic's highly qualified Board, which has deep industry experience and expertise with a proven track record of taking decisive action to transform the business and drive shareholder value." The letter said, "Since CoreLogic was established as an independent public company 10 years ago, we have successfully transformed our business into the market leader in residential property data and analytics. Today, we are a strategic partner to most of the key industry participants -- lenders, insurance carriers, investors, real estate professionals, and state and federal government entities. Since our spin-off, our long-term shareholders have realized significant returns on their investment from share price appreciation of more than 3x1 and over $1.5 billion in capital return. In recent years, we have invested heavily in the future -- building an unmatched "single source of truth" data repository for the US residential housing industry. Our new products and solutions are helping to automate and enhance housing finance, scaling our revenues in non-mortgage verticals and driving efficiency and profit margins to record levels. As a scaled market leader, we believe we are uniquely positioned to capitalize on these investments and important market trends to drive substantial further stock price appreciation for the benefit of our shareholders. Our investments and strong operational execution are delivering clear results. Over the past 12 months, we have achieved record financial results and our momentum is accelerating. Our shareholders are benefiting, and we believe we are poised for an increased trading multiple and higher market valuation. Our first half 2020 results have been exceptional and with further accelerating revenue growth, profit margins and free cash flow2, we expect 2020 will be a record year. Importantly, we expect to continue this strong momentum into 2021 and 2022. With Cannae's information advantage from inside knowledge of the industry, Senator/Cannae recognized our momentum and upside opportunity and launched an opportunistic, hostile bid to acquire CoreLogic at an inadequate price in the midst of the COVID-19 pandemic. Our robust outlook, growth trajectory, and conviction in our go-forward plan led our Board to reject Senator and Cannae's $65 per share acquisition proposal, based on the Board's unanimous determination that the bid significantly undervalues CoreLogic... Regardless of how you look at Senator and Cannae's acquisition proposal, it undervalues CoreLogic. When they made their hostile proposal, they valued CoreLogic at ~13x our previous FY 2020 guidance issued in February. If you apply that same 13x multiple to our current guidance issued on July 23rd, 2020, our implied stock price would be in the upper $70s, far above Senator and Cannae's $65 per share acquisition proposal. The Senator/Cannae proposal also fails to reflect any multiple expansion or any uplift from our new $1 billion capital return commitment -- even though our revenue trajectory and margin profile are now consistent with or above other information service providers that trade at higher multiples... In contrast, CoreLogic's directors have a deep knowledge of CoreLogic's business and industry as well as strong track records of successfully evaluating and executing public company M&A transactions. Eight of CoreLogic's directors have public M&A experience, including at Pinnacle Entertainment, Microsemi, LifeLock and aQuantive representing a combined transaction value of greater than $20 billion. This is a group that knows how to evaluate a potential transaction and sell when it makes sense. The Senator/Cannae nominees, on the other hand, are aligned with a low-value, high-risk proposal detrimental to shareholder interests. In summary, it is clear to us that the Senator/Cannae nominees have been hand-picked to force a sale to Senator and Cannae, not to maximize value for all shareholders. We believe the Senator/Cannae nominees seeking to gain control of your Board are an extension of Senator and Cannae's unsolicited acquisition proposal and must be viewed in that context. Senator and Cannae are focused on their own interest and agenda -- not the best interests of other CoreLogic shareholders."
VRTU

Hot Stocks

07:11 EDT Virtusa to be acquired by BPEA for $51.35 per share in cash deal valued at $2B - Baring Private Equity Asia, or BPEA, and Virtusa announced the companies have entered into a definitive merger agreement under which funds affiliated with BPEA will acquire all outstanding shares of common stock of Virtusa for $51.35 per share in an all-cash transaction valued at approximately $2B. The companies said in a release, "The price per share to be paid in the transaction, which was unanimously approved by the Virtusa Board of Directors, represents a premium of approximately 27 percent to the closing price of Virtusa common stock on September 9, 2020, the last trading day prior to the transaction announcement, and premiums of approximately 29 percent and 46 percent to Virtusa's volume-weighted average prices, or VWAP, for the last 30 and 60 trading days, respectively. In addition, the price paid implies a valuation of 16.2x Firm Value / Last Twelve Months EBITDA as of June 30, 2020. On July 20, 2020, the Virtusa Board of Directors received an unsolicited proposal from an interested party to acquire Virtusa. Following receipt of the offer, consistent with the Board's fiduciary duties to maximize shareholder value, the Board authorized the Company and its financial advisors to engage with other potential strategic buyers and financial sponsors regarding a potential acquisition of Virtusa. As part of this process, the Company signed non-disclosure agreements with five parties and engaged with two others. After an independent review of the alternatives available, including the value creation opportunity through continued execution of the Company's strategic plan, the Virtusa Board unanimously determined that the all-cash premium transaction with BPEA for $51.35 per share in cash maximizes value for Virtusa's shareholders. The transaction, which is expected to close in the first half of 2021, is subject to the approval of Virtusa's shareholders, customary regulatory requirements, including approval from The Committee on Foreign Investment in the United States, or CFIUS, and customary closing conditions. The transaction is not subject to a financing condition. The Orogen Group, which holds 108,000 shares of Virtusa Convertible Preferred Stock and whose CEO is Vikram Pandit, an independent member of the Board, has entered into a voting agreement under which it has agreed to vote all of Orogen's Convertible Preferred Stock in favor of the transaction. Orogen's shares of preferred stock are convertible into 3,000,000 shares of Virtusa common stock and represent approximately 10 percent of the voting power in the Company. The directors and executive officers of Virtusa have also entered into this voting agreement, and hold an additional approximate 5.7% of the voting power of the Company."
CDNA...

Hot Stocks

07:10 EDT CareDx appoints Kashif Rathore as SVP, digital business - CareDx (CDNA) announced the appointment of new senior leaders to significantly strengthen key areas of the business - Digital Services, Laboratory Operations, Business Development, and Market Access. Kashif Rathore, Senior Vice President, Digital Business joins CareDx from Cerner (CERN), where he held various senior leadership roles. In addition to his most recent role as Vice President of Interoperability, Kashif served in the consulting and technology lines of Cerner's businesses. Ryan Phan, Vice President, Lab Operations joins CareDx from Kaiser Permanente, where he was the Managing Director and Head of Regional Molecular Genetics and Cytogenetics Laboratories. Sean Grant, Vice President, Strategy and Business Development joins CareDx from Citigroup Global Capital Markets (C), where he served as a Vice President in the Investment Banking Healthcare Division. Danielle Scelfo, Vice President, Market Access and Health Policy joins CareDx from Hologic (HOLX), where she was the Senior Director of Health Policy and Reimbursement.
VRTU

Hot Stocks

07:09 EDT Virtusa to be acquired by BPEA for $51.35 per share in cash deal valued at $2B
OCUL

Hot Stocks

07:08 EDT Ocular Therapeutix doses first patient in DEXTENZA Phase 3 clinical trial - Ocular Therapeutix announced that it has dosed the first patients in a Phase 3 clinical trial of DEXTENZA (dexamethasone ophthalmic insert) 0.4 mg for the treatment of post-surgical ocular inflammation and pain in children following cataract surgery. The Phase 3 clinical trial is a U.S.-based, randomized, multicenter clinical trial that intends to enroll approximately 60 subjects between the ages of 0-3 years.
PRVL

Hot Stocks

07:08 EDT Prevail Therapeutics appoints William Carson to board of directors - Prevail Therapeutics announced the appointment of William Carson, M.D., to its Board of Directors. Carson was most recently the President and CEO of Otsuka Pharmaceutical Development & Commercialization.
AVXL

Hot Stocks

07:07 EDT Anavex completes ANAVEX 2-73 U.S. Phase 2 Rett Syndrome trial - Anavex Life Sciences announced the completion of the ANAVEX 2-73 U.S. Phase 2 study in Rett syndrome. The Company expects to announce topline results from this study in the next quarter. ANAVEX 2-73 is an orally available, small-molecule activator of the sigma-1 receptor which, data suggest, is pivotal to restoring neural cell homeostasis and promoting neuroplasticity. The ANAVEX 2-73 U.S. Phase 2 study enrolled 31 patients with Rett syndrome and all patients completed the 7-week trial. The multi-center, double-blind clinical study at 8 sites across U.S. measured safety, tolerability, and efficacy of daily oral ANAVEX 2-73 doses or placebo. After completing the trial, eligible participants were able to join a voluntary open-label 12-week extension study of ANAVEX 2-73. Anavex previously reported interim data of the PART A intensive PK sub-cohort in the first 6 patients of the U.S. Phase 2 Rett syndrome study in which ANAVEX 2-73 that demonstrated significant improvements in the two global efficacy endpoints, the Rett Syndrome Behaviour Questionnaire Total score and the Clinical Global Impression - Improvement. ANAVEX 2-73 also significantly improved the RSBQ Hand Behaviours and RSBQ Breathing Abnormalities subscales. In addition, efficacy signals on both caregiver- and clinician-based measures of severity correlated with levels of glutamate, a key biomarker of disease pathogenesis. This study is one of three ongoing clinical studies in Anavex's Rett Syndrome Program: U.S. RTT, AVATAR and EXCELLENCE. ANAVEX 2-73 had previously received Fast Track designation, Rare Pediatric Disease designation and Orphan Drug designation from the FDA for the treatment of Rett syndrome.
JBLU

Hot Stocks

07:07 EDT JetBlue launches 24 new routes in markets with increased demand potential - JetBlue announced it will launch 24 new routes later this year aimed at immediately generating cash and capturing traffic on a variety of new, nonstop routes. Each route plays to JetBlue's focus cities, in Florida, in Latin American and the Caribbean or on cross-country - or transcontinental - flying. Every market has been identified as one in which JetBlue anticipates increasing demand for leisure travel. All new flights take off in November and December with seats on sale immediately. The new markets introduce all-new nonstop destinations from four JetBlue focus cities, plus expanded Mint service in Newark and Los Angeles. The airline is also growing JetBlue's New York City presence in Newark with more than a half dozen new routes to the Caribbean. Building out the airline's new Los Angeles focus city with expanded domestic and - for the first time in JetBlue's history - international service at LAX. JetBlue is offering new nonstop western U.S. destinations from Fort Lauderdale not served by any other airline. Lastly, by connecting a variety of new city pairs across the Southeast, Florida, the West Coast and the Caribbean and Latin America. JetBlue will reactivate some temporarily parked aircraft to support the new routes. Alongside the rest of the JetBlue network, these new markets will be regularly evaluated. The airline will remain flexible, allowing market demand to determine how long a particular route continues to operate.
V PYPL

Hot Stocks

07:05 EDT Visa, PayPal expand partnership - Visa (V) said in a release, "Visa and PayPal (PYPL) shared details about an extension of their global partnership, which will expand real-time access to funds for consumers and small businesses that are sending or receiving money via PayPal, Venmo or Xoom. This collaboration expands PayPal's Instant Transfer service, which leverages Visa Direct for real-time payment capabilities, to global markets and enables fast domestic and cross-border digital payments. The global partnership will also enable PayPal to extend global white label Visa Direct payout services through PayPal and its Braintree, Hyperwallet and iZettle product solutions. This expansion follows the successful launch of the Instant Transfer service across North America and other markets in Asia Pacific and Europe."
DAN

Hot Stocks

07:04 EDT Dana announces plans for 4,600 square-meter facility in Pune, India - Dana announced plans for a 4,600 square-meter facility in Pune, India, that will produce Dana TM4 low- to high-voltage electric motors, inverters, and vehicle control units. Dana TM4 is a joint venture between Dana Incorporated and Hydro-Quebec, Canada's largest electricity producer and one of the world's largest hydroelectric power producers. Scheduled to open later this year, the facility will supply technologies to manufacturers for a variety of electrified vehicle applications, including buses and trucks. With the addition of electric motors, inverters, and vehicle control units to Dana's current capabilities in India, the company is poised to serve as a preferred supplier with in-house capabilities to deliver complete and fully integrated e-Propulsion systems to OEM customers across all mobility markets.
XPO

Hot Stocks

07:03 EDT XPO Logistics extends technology partnership with MIT Industrial Liason Program - XPO Logistics has announced the renewal of its partnership with the Massachusetts Institute of Technology Industrial Liaison Program. In 2019, XPO became the first global logistics company to join the ILP, which pairs MIT's world-class research with leading corporations to advance innovation. The terms of the renewal are tailored to XPO's role as a technology leader in the supply chain industry. The ILP is structured to foster collaboration between XPO and MIT, providing these and other benefits: XPO continues to monitor emerging technologies that may be applied to solve transportation and logistics challenges. The company also has access to MIT's private knowledge base maintained by its faculty and researchers. The ILP's Startup Exchange connects XPO with innovations under development that may have significant supply chain benefits. The Startup Exchange has over 1,800 active MIT technology companies developing advances in nanotechnology, process efficiency, communications and other areas. MIT will continue to help XPO engage with MIT students for internships and job recruitment, identifying candidates who are a strong match with XPO's prioritization of customer service, productivity and intelligent technology.
LLY

Hot Stocks

07:02 EDT Eli Lilly to present new data from cancer research pipeline at ESMO - Data from 20 studies across Eli Lilly's oncology product portfolio will be presented at the European Society for Medical Oncology, or ESMO, virtual congress, September 19-21. The data include results from the Phase 3 monarchE study of Verzenio in combination with standard adjuvant endocrine therapy, or ET, for the treatment of high risk HR+, HER2- early breast cancer. Lilly continues to investigate Verzenio across the breast cancer continuum, which has now shown results in people with high risk HR+, HER2- early breast cancer. At ESMO, Lilly will share detailed results from the Phase 3 monarchE study, which demonstrated Verzenio plus standard adjuvant ET significantly decreased the risk of breast cancer recurrence compared to standard adjuvant ET alone in people with high risk HR+, HER2- early breast cancer. These results make Verzenio the only CDK4 & 6 inhibitor to demonstrate statistically significant improvement in invasive disease-free survival in this setting. Lilly also will present findings on genomic testing, biomarkers and treatment patterns in early breast cancer as well as the use of Ki-67 testing and scoring in HR+, HER2- early breast cancer - a biomarker of particular interest in the study of high risk early breast cancer. Additional Verzenio data to be presented include a final overall survival analysis of Verzenio monotherapy in patients with HR+, HER2- advanced breast cancer in the nextMONARCH trial. The approval of Retevmo - a selective RET kinase inhibitor - marked the most rapid timeline in the development of an oncology medicine with multiple indications, and was based on results from the Phase 1/2 LIBRETTO-001 trial, the largest clinical trial in patients with RET-altered cancers. During ESMO, Lilly will present patient-reported outcomes and quality of life findings from both the RET fusion-positive NSCLC and RET-mutant MTC patient cohorts. Lilly will also present new safety data on patients with previously treated metastatic RET fusion-positive NSCLC, including safety and efficacy outcomes assessed by category of last systemic therapy received prior to LIBRETTO-001 enrollment. An additional safety analysis, focusing on hypersensitivity reactions in RET fusion-positive NSCLC patients previously treated with immune checkpoint inhibitors, will also be presented. Details on the study design of two confirmatory Phase 3 trials, LIBRETTO-431 and LIBRETTO-531, will additionally be shared. Both Phase 3 trials are currently enrolling patients. Earlier this year, the FDA approved CYRAMZA in combination with erlotinib for the first-line treatment of people with metastatic NSCLC with epidermal growth factor receptor (EGFR) exon 19 deletions or exon 21 (L858R) mutations, based on results from the Phase 3 RELAY study. With this approval, CYRAMZA has now received six FDA approvals to treat certain types of lung, liver, stomach and colorectal cancers. CYRAMZA was also approved in the European Union earlier this year based on the RELAY results. During ESMO, Lilly will feature data from the RELAY trial looking at outcomes by EGFR mutation type in previously untreated EGFR-mutated metastatic NSCLC patients. Additionally, a systematic literature review will spotlight outcomes of treated patients with EGFR-mutated NSCLC harboring exon 19 deletions or exon 21 mutations.
IMTX

Hot Stocks

07:02 EDT Immatics provides update on IMA204 ACTengine cell therapy program - Immatics provided an update on its fourth ACTengine cell therapy program, IMA204. IMA204 is designed to address a novel target, COL6A3 exon 6, which is highly expressed in the stroma of a large number of solid tumors. Immatics will discuss the IMA204 preclinical data at the Hanson Wade CAR-TCR Digital Week on September 14th. Preclinical data highlights: Exon 6 of the protein COL6A3 is predominantly expressed in the tumor stroma of multiple solid cancers including pancreatic cancer, breast cancer, gastric cancer, sarcoma, esophageal cancer, non-small cell lung cancer, squamous head & neck cancer, colorectal cancer, mesothelioma, ovarian cancer and others with prevalence estimates in these cancer types in the range of 40-80%. The tumor stroma target of IMA204 is an HLA-A*02-associated peptide derived from COL6A3 exon 6 with high copy numbers per cell identified by Immatics' proprietary mass spectrometry platform, XPRESIDENT. Over 90 different wild-type TCRs to this peptide were systematically evaluated using Immatics' platform, XCEPTOR. After TCR characterization, engineering and validation, two affinity-enhanced TCR candidates were selected. Both TCR candidates demonstrated promising preclinical properties including high avidity and specificity towards target-positive tumor cells based on XPRESIDENT-guided screening for off-target toxicity and cross-reactivity. In additional preclinical studies done in close collaboration with Jim Riley, Professor of Microbiology at the University of Pennsylvania, both product candidates showed tumor eradication in vitro and in vivo at physiological target expression levels. One of the two TCR candidates showed full CD8-independent target recognition and engaged both CD8+ and CD4+ T cells without the need for CD8 co-transduction. Based on recent studies Immatics believes that the additional activation of CD4+ T cells is potentially favorable for induction and maintenance of anti-tumor responses against solid cancers. After completion of ongoing final evaluation of the target and both TCR candidates, Immatics expects to submit an Investigational New Drug application to the US Food and Drug Administration for the IMA204 program in 2021.
BHVN

Hot Stocks

07:02 EDT Biohaven Pharmaceutical: FDA authorizes clinical trials for oral zavegepant - Biohaven Pharmaceutical reported that the U.S. FDA has authorized the initiation of clinical trials for oral zavegepant (formerly BHV-3500) and that the company has achieved first in human dosing in a Phase 1 trial designed to assess the safety and pharmacokinetics of oral formulations of zavegepant. Biohaven recently announced securing up to $250M in funding to advance the company's CGRP receptor antagonist program through the development of zavegepant. The zavegepant program encompasses intranasal zavegepant as well as oral formulations of zavegepant for migraine and non-migraine indications. Intranasal zavegepant previously demonstrated superior efficacy to placebo in a Phase 2/3 study for the acute treatment of migraine and the investigational agent is also being studied in an ongoing double blind, randomized, placebo-controlled trial in COVID-19 infected hospitalized patients requiring supplemental oxygen.
AZN

Hot Stocks

06:58 EDT AstraZeneca to list U.S. ADR equity and all U.S. debt securities on Nasdaq - AstraZeneca announced that it will be transferring the listing of its American Depositary Receipts, or ADRs, and its U.S.-listed debt securities from the New York Stock Exchange to the Nasdaq Global Select Market and Nasdaq Bond Exchange respectively. The transfers will be effective after market close on Thursday, September 24. AstraZeneca ADRs and U.S.-listed debt securities are expected to commence trading on Nasdaq from Friday, September 25. The ADRs will continue to be listed under the ticker symbol "AZN". The company's primary listing in the UK on the London Stock Exchange and in Sweden on Nasdaq Stockholm are unaffected by the move. Marc Dunoyer, Executive Director and Chief Financial Officer, said: "The change of stock exchange in the US will reduce overall listing cost for our equity and debt securities. Further, as a global science-led, patient-focused biopharmaceutical company, dedicated to pushing the boundaries of science to deliver life-changing medicines, we are excited to be joining many of the world's largest and most innovative companies on Nasdaq."
AZN

Hot Stocks

06:56 EDT AstraZeneca says Fasenra met both co-primary endpoints in OSTRO Phase 3 trial - High-level results from the OSTRO Phase 3 trial showed AstraZeneca's Fasenra compared with placebo demonstrated a statistically significant improvement in the size of nasal polyps and in nasal blockage in patients with chronic rhinosinusitis with nasal polyps, the company announced. Fasenra demonstrated a statistically significant improvement in the endoscopic total nasal polyp score and the nasal blockage score compared to placebo, in patients with severe bilateral nasal polyposis who were still symptomatic despite continued treatment with standard of care, or SoC. The safety profile and tolerability of Fasenra in this trial were consistent with the known profile of the medicine. Fasenra is currently approved as an add-on maintenance treatment for severe eosinophilic asthma in the U.S., EU, Japan and other countries and is approved for self-administration in the U.S., EU and other countries.
NOMD

Hot Stocks

06:51 EDT Nomad Foods announces preliminary results of tender offer - Nomad Foods announced the preliminary results of its "modified Dutch auction" tender offer for up to $500M of its ordinary shares which expired at 5:00 pm, New York City time, on September 9. Based on the preliminary count by the depositary for the tender offer, a total of 18,938,159 ordinary shares were validly tendered and not validly withdrawn at or below the price of $25.50 per share, including 7,921,070 shares that were tendered through notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the depositary, the company expects to repurchase a total of 18,938,159 ordinary shares through the tender offer at a price of $25.50 per share, for a total cost of $482,923,055, excluding fees and expenses. The total of 18,938,159 shares that the company expects to accept for repurchase represents approximately 9.6% of the company's total outstanding ordinary shares as of September 8.
MD

Hot Stocks

06:49 EDT Mednax to sell Mednax Radiology Solutions to Radiology Partners for $885M - Mednax announced a definitive agreement pursuant to which Radiology Partners will acquire Mednax Radiology Solutions for $885M to create a leading provider of comprehensive radiology and teleradiology services in the United States. Founded in 2012, Radiology Partners is a physician-owned, on-site radiology practice, partnering with approximately 1,600 radiologists providing services to nearly 1,300 hospitals, clinics and imaging centers across 26 states. Mednax Radiology Solutions, founded in 2015, is an integrated provider of seamless on-the-ground and in-the-cloud radiology services. Radiology Partners will pay total cash consideration at closing of $885M, subject to customary adjustments. Mednax does not anticipate that there will be any material tax impact to these proceeds. As of September 1, Mednax had total debt of $1.75B, consisting solely of its senior notes, and cash on hand of approximately $260M, resulting in net debt of approximately $1.49B, compared to net debt of $1.62B at June 30. The transaction is expected to close during Q4, subject to customary closing conditions, including regulatory review.
STN

Hot Stocks

06:47 EDT Stantec to partner with Battelle on 10-year, $260M ARSLS contract - Stantec will support Battelle on a 10-year, $260M Arctic Research Support and Logistics Services contract from the US Government's National Science Foundation. The team will provide infrastructure and logistics support to academic researchers conducting NSF-funded studies in Alaska, northern Canada, Greenland, and other Arctic areas. Specifically, Stantec will provide engineering, design, and planning services in support of new facilities as well as maintenance of existing facilities to enable research within some of the most remote locations, harsh weather conditions, and difficult terrain on Earth. The overall project scope will include the design of infrastructure and facilities in these remote locations. Plans include research facilities, laboratories, and operations centers that will facilitate efficient, effective, and safe research in the Arctic-a region critically important to the global research community. Stantec design features will enable sustainable and resilient facilities operation, including efficient startup and shutdown, reconfiguration and reuse over long lifespans, and remote monitoring/automation.
NSPR

Hot Stocks

06:34 EDT InspireMD adds Christina Brennan as strategic advisor for CGuard system study - InspireMD added Dr. Christina Brennan as a strategic advisor to the company to assist with planning and execution of a pivotal study of the CGuard Carotid Stent System, CARENET-III, for prevention of stroke in patients in the U.S. The company recently received approval from the FDA for the company to proceed with this pivotal study. Brennan currently serves as Northwell Health's VP of clinical research. She is on the board of trustees for the Association of Clinical Research Professionals.
TSM

Hot Stocks

06:21 EDT TSMC reports August revenue NT$122.88B, up 15.8% y/y - TSMC announced its net revenues for August 2020: On a consolidated basis, revenues for August 2020 were approximately NT$122.88B, an increase of 16% from July 2020 and an increase of 15.8% from August 2019. Revenues for January through August 2020 totaled NT$850.14B, an increase of 30.7% compared to the same period in 2019.
BTG

Hot Stocks

06:13 EDT B2Gold provides corporate update, backs FY20 production guidance - B2Gold provided a corporate update. The company announced the successful commissioning of the mill expansion at the Fekola Mine to 7.5M tons per annum, approximately one month ahead of the scheduled completion date of September 30. This includes completion of all major construction activities associated with the Fekola mill expansion, as well as execution of a process performance test to compare with design expectations. Four days after start-up, a five-day mill performance test was conducted from August 26 to August 30. The results of the performance test exceeded design in throughput, gold recovery, grind and availability over the five-day day period. The minor, outstanding construction work is expected to be completed by mid-September. The Fekola Mine continues to operate unimpeded and no operational days have been lost due to the recent political developments in Mali or the COVID-19 pandemic. B2Gold will continue to work with regional and national governments to ensure that its mining operations continue normally, providing economic benefits to all stakeholders, including employees, governments and the communities around the mine. In addition, the company recently has partnered with the government to assist the people of Mali in facing the challenges created by the COVID-19 pandemic and its impact on the mining sector. The company is maintaining both quarterly consolidated budgeted production estimates and consolidated annual production guidance for 2020. Total consolidated production guidance remains at between 1M and 1.06M ounces of gold; total consolidated cash operating costs are forecast to be between $415 and $455 per ounce and total consolidated all-in sustaining costs are forecast to be between $780 and $820 per ounce. Based on the continuing strong operating performance at each of the company's mines and no significant unforeseen work stoppages having been incurred due to COVID-19, the company commenced repaying the outstanding revolving credit Facility, or RCF, balance of $425M in August. To date, the company has repaid $375M of the total outstanding balance and expects to repay the final remaining tranche of $50M and be debt-free by late September, other than mining equipment loans and leases totaling approximately $50M which are payable over several years. This will leave the company well positioned with the full amount of the $600M RCF undrawn and available. Based on current assumptions, including a gold price of $1,900 per ounce for the second half of 2020, the company expects to generate cashflows from operating activities of more than $900M in 2020. The company's ongoing strategy is to continue to maximize profitable production from its mines, grow its mineral reserves, utilize cash flow to continue the dividend payment, further advance its pipeline of development and exploration projects and evaluate growth opportunities.
MAC

Hot Stocks

06:11 EDT Macerich announces 44 of 47 retail properties reopened - Macerich said in a release, "Macerich announced that 44 of the Company's 47 major retail properties nationwide are now fully open for business. New easing of COVID-19-related restrictions in New York City and across most of California means Macerich's two major retail properties in New York City, along with six indoor California shopping centers, can once again welcome shoppers inside the malls. The two NYC properties, Kings Plaza in Brooklyn and Queens Center in Queens, reopened on Sept. 9 to lines of waiting shoppers. Recently reopened indoor properties in California include Fashion Fair in Fresno, Inland Center in San Bernardino, Pacific View in Ventura, The Mall at Victor Valley in Victorville, The Oaks in Thousand Oaks and Vintage Faire Mall in Modesto. Three additional indoor properties in California, all located in Los Angeles County - Lakewood Center in Lakewood, Los Cerritos Center in Cerritos and Stonewood Center in Downey - are expected to reopen as soon as county restrictions are relaxed, allowing 100% of Macerich properties nationwide to be reopened."
KBR

Hot Stocks

06:08 EDT KBR awarded $93.6M Air Force task order - KBR said in a release, "KBR announced it won a $93.6 million task order from the U.S. Air Force Civil Engineer Center, or AFCEC, for base operations services at the Prince Sultan Air Base in Saudi Arabia. Under the task order, KBR will provide resources to support the base and help ensure quality of life for the 378th Air Expeditionary Wing and partner forces. KBR will supply all personnel, supervision, labor, training, vehicles, tools, safety equipment and other force support services."
AXNX

Hot Stocks

06:06 EDT Axonics reports final 2-year clinical results from Artisan-SNM pivotal study - Axonics has reported full 2-year clinical results from its Artisan-SNM pivotal study. Key clinical results at 2-years include: responder rate: 88% of all 129 implanted participants were therapy responders at 2-years, or greater than or equal to 50% reduction in urgency incontinence episodes compared to their baseline. Results are consistent with the 89% therapy responder rate reported at 1-year post implant. Completers analysis demonstrated 93% therapy responder rate at 2-years post implant. Urinary Urge Incontinence episodes declined from an average of 5.6 per day at baseline to 1.0 per day at 2-years. 80% of therapy responders had greater than or equal to75% reduction in their UUI episodes. 37% of therapy responders were dry, having experienced a 100% reduction in their UUI episodes. Participants experienced a clinically meaningful improvement in quality of life. 93% of participants reported being "satisfied" with their r-SNM therapy and they would undergo the procedure again. There were no serious device-related adverse events. The completion of 2-year follow-ups concludes the ARTISAN-SNM study. Axonics will continue to add to its body of clinical data with the Q4 launch of a multi-center registry study in the U.S. that will collect additional real-world clinical evidence on performance, safety and patient experience with the Axonics System across all approved clinical indications.
CLNE

Hot Stocks

06:05 EDT Clean Energy announces new, extended contracts for Redeem RNG - Clean Energy Fuels announced new and extended contracts for more than 20M gallons of Redeem renewable natural gas to accommodate the continued demand across key business segments for the ultra-low carbon fuel produced from organic waste. Alpha Lion, which carries mail for the U.S. Postal Service between the Northwest United States and Southern California, is adding 16 new natural gas trucks to its fleet through Clean Energy's Zero Now program and is expected to use over 700,000 gallons of Redeem annually. The program will provide significant fuel savings and have a positive effect on Alpha Lion's environmental impact in the region. Zero Now is a program that brings the price of a heavy- or medium-duty natural gas truck at parity with a diesel truck, while offering a guaranteed fuel discount for the duration of the agreement. Alpha Lion will also participate in Clean Energy's Zero Now TouchPoint program, in partnership with the Natural Gas Vehicle Institute, to provide Alpha Lion with first-class hands-on customer service pertaining to their purchase of new natural gas heavy-duty vehicles.
CGC

Hot Stocks

06:04 EDT Canopy Growth announces launch of Martha Stewart CBD - Canopy Growth announced the launch of Martha Stewart CBD, a new line of hemp-derived wellness supplements, with flavor profiles inspired by some of Martha's most popular recipes. The initial product offering will include a range of human wellness supplements, with a gift box and pet line launching later this year. The new portfolio of natural wellness gummies, softgels and oil drops are formulated by Martha Stewart, in collaboration with the cannabinoid scientists at Canopy Growth, to deliver a daily dose of pure, premium CBD isolate. Inspired by ingredients in Martha's own kitchen, the products are naturally flavored and are made in the USA with hemp-derived CBD isolate.
BP EQNR

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06:00 EDT BP, Equinor form partnership to develop offshore wind energy in U.S. - BP (BP) and Equinor (EQNR) announced the formation of a new strategic partnership to develop offshore wind projects in the US. This includes the development of existing offshore wind leases on the US East coast and jointly pursuing further opportunities for offshore wind in the US. As well as forming the new strategic partnership, bp will purchase a 50% interest in both the Empire Wind and Beacon Wind assets from Equinor. bp has agreed to pay Equinor $1.1B. The agreement comes a month after bp announced its new strategy, including aims to increase its annual low carbon investment 10-fold to around $5B a year and grow its developed renewable generating capacity from 2.5 gigawatts in 2019 to around 50GW by 2030. Bernard Looney, bp's CEO said: "This is an important early step in the delivery of our new strategy and our pivot to truly becoming an integrated energy company. Offshore wind is growing at around 20% a year globally and is recognized as being a core part of meeting the world's need to limit emissions. Equinor is a recognized sector leader and this partnership builds on a long history between our two companies. It will play a vital role in allowing us to deliver our aim of rapidly scaling up our renewable energy capacity, and in doing so help deliver the energy the world wants and needs."
PCG

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05:40 EDT PG&E says 97% of customers who can be restored now have power - PG&E said in a release, "Pacific Gas and Electric has restored power to approximately 97 percent of customers who can be restored and who were affected by the Public Safety Power Shutoff, or PSPS, event beginning late Monday night, September 7. Since daybreak, PG&E restored nearly 150,000 customers in 22 counties. Counties that are now fully restored include: Alpine, Amador, Calaveras, El Dorado, Kern, Lake, Lassen, Mariposa, Nevada, Placer, Siskiyou, Sonoma, Tehama and Tuolumne. For a group of customers mainly in the Northern Sierra, PG&E has not been able to restore electric service for three principal reasons: ongoing threats from wildfires, impacts from smoke impeding patrols, and requests from first responders to keep power lines off to assist in firefighting efforts. The company will resume patrols, repairs and re-energization on these lines in these areas as soon as first responders grant the company access and it is safe to do so. Approximately 5,000 customers who can receive service, but in areas where PG&E has not been able to perform patrols and inspections yet, are expected to remain out tonight in the following counties: Butte, Humboldt, Napa, Plumas, Sierra, Trinity and Yuba. Customers who are still without power tonight are expected to be restored by noon Thursday, if PG&E is able to patrol the remaining areas by helicopter. Once the severe weather subsided and the weather "all clear" was given to all 22 counties, PG&E began the patrol and restoration process. In weather "all clear" areas, PG&E crews began patrols on the ground early this morning to start inspecting more than 10,750 miles of transmission and distribution power lines for damage or hazards. Initially, PG&E paused some air inspections due to unsafe flying conditions caused by smoky and hazy skies but by noon, about half of PG&E's aircrafts were flying. PG&E crews began restoring customers in areas where they found no damage or hazards to electrical equipment. In areas where equipment was damaged by the severe wind event, the damages will be repaired before customers will be restored."
THTX

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05:23 EDT Theratechnologies launches Trogarzo in Germany - Theratechnologies said in a release, "Theratechnologies announced that Trogarzo will be commercially available in Germany as of tomorrow through its subsidiary, Theratechnologies Europe Limited. Theratechnologies filed its health technology assessment for Trogarzo with the Gemeinsamer Bundesausschuss (GB-A), the German health authority. Based on German regulations, Trogarzo can be commercialized while the file is being reviewed by the GB-A."
SNY

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05:20 EDT Sanofi announces BIVV001 Phase 1/2a study results published in NEJM - The New England Journal of Medicine published positive final results from the Phase 1/2a trial evaluating the safety, tolerability and pharmacokinetics of BIVV001 in adult patients with severe hemophilia A. BIVV001 is an investigational factor VIII therapy designed to provide higher bleed protection in a once-weekly prophylactic treatment regimen. Sanofi and Sobi collaborate on the development and commercialization of BIVV001. "BIVV001 represents a potential new class of factor VIII replacement therapies. The sustained factor activity levels and three- to four-fold increase in half-life observed underscore its potential to provide near-normal bleed protection while reducing the dosing frequency of a prophylactic treatment to once a week," said Barbara Konkle, MD, lead investigator and Chief Scientific Officer, Bloodworks Northwest and Professor of Medicine/Hematology, University of Washington. "These results support the conclusion that BIVV001 may be a significant advancement for patients and we look forward to exploring this further in the ongoing Phase 3 study."
RHHBY

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05:18 EDT Genentech: Enspryng 'significantly reduces severity, risk of relapse' in NMOSD - Genentech, a member of the Roche Group (RHHBY), said in a release, "Genentech will present new Enspryng (satralizumab-mwge) data on reducing relapse severity in the treatment of neuromyelitis optica spectrum disorder (NMOSD), a rare disease of the central nervous system. These data are being presented at MSVirtual2020, the 8th Joint Americas Committee for Treatment and Research in Multiple Sclerosis (ACTRIMS) - European Committee for Treatment and Research in Multiple Sclerosis (ECTRIMS) Meeting, in addition to longer-term efficacy data supporting the continued effect of Enspryng on reducing the risk of NMOSD relapse, as well as its favorable benefit:risk profile. In a post-hoc analysis of the Enspryng-treated group, the risk of severe relapse was reduced by 79% compared to placebo, for patients across the double-blind periods of the SAkura studies. Preventing relapses, the most severe of which cause cumulative, irreversible, neurological damage and disability, is the primary goal for NMOSD treatment management. The patients treated with Enspryng were also less likely to require rescue therapy for a relapse compared with placebo. A relapse was categorized as severe if it resulted in a change of greater than or equal to2 points on the Expanded Disability Status Scale. In a separate pooled analysis, Enspryng reduced the risk of relapse in the combined double-blind period and open-label extension, or OLE, by 51% compared to those originally in the placebo group. This effect was more pronounced in aquaporin-4 antibody (AQP4-IgG) seropositive patients, who tend to experience a more severe disease course, with 66% reduction in risk of relapse compared to those originally in the placebo group. In the double-blind periods, infection rates were lower in the Enspryng-treated group compared to placebo in the SAkuraStar study, whereas infection rates did not differ between groups in the SAkuraSky study. Serious infection rates were comparable between both groups in each of the studies. Infection and serious infection rates for Enspryng-treated patients in the combined double-blind and OLE periods were consistent with those for Enspryng-treated patients in the double-blind portion in terms of the nature and rate of adverse events and did not increase over time. Enspryng is approved in Canada, Japan, Switzerland and the U.S. Additional applications are under review with numerous regulators, including in the EU and China. Enspryng has been designated as an orphan drug in the U.S., Europe and Japan. In addition, it was granted Breakthrough Therapy Designation for the treatment of NMOSD by the FDA in December 2018."