Stockwinners Market Radar for March 15, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

CAAP

Hot Stocks

20:52 EDT Corporacion America Airport reports February passenger traffic down 69.1% - Corporacion America Airports S.A. reported today a 69.1% year-over-year decline in passenger traffic in February 2021, "reflecting the continued impact of the COVID-19 pandemic on air travel across all countries of operations. Certain travel restrictions and requirements are in place and in most countries, while overall demand remains weak. International traffic declined by 84.5% y/y, while domestic traffic dropped 64.2% y/y".
BA

Hot Stocks

19:39 EDT Boeing names Carol Hibbard as Controller - The board of Boeing appointed Carol J. Hibbard as the Company's Senior Vice President and Controller effective April 1, 2021. In that position, Ms. Hibbard will also act as the Company's chief accounting officer. Prior to this appointment, Ms. Hibbard served as Vice President and Chief Financial Officer of Boeing Defense, Space & Security since May 2017.
CWT

Hot Stocks

19:37 EDT California Water Service to acquire Skylonda Mutual Water Company - California Water Service, the largest subsidiary of California Water Service Group, has entered into an agreement to acquire the water system assets of Skylonda Mutual Water Company, which serves 176 customer connections adjacent to Cal Water's Bear Gulch District. The purchase is subject to customary closing conditions, including the approval of the California Public Utilities Commission, and the transaction is expected to close in 2022.
NTN

Hot Stocks

18:42 EDT NTN Buzztime shareholders approve merger with Brooklyn ImmunoTherapeutics - NTN Buzztime announced that its stockholders have approved the proposed merger between NTN and Brooklyn ImmunoTherapeutics. The proposed merger remains subject to further customary closing conditions and regulatory approvals. NTN expects that the merger will close in the next two weeks.
AMD XLNX

Hot Stocks

18:26 EDT AMD CEO: We have enormous demand and continue to ramp supply to meet it - In an interview on CNBC's Mad Money, Dr. Lisa Su said AMD (AMD) has been working on its high performance data center roadmap for five years. The company is making bets now for the next five years, she added. Su said she is "extremely excited" about the Xilinx (XLNX) acquisition and has "more conviction" than ever. Things are "progressing as expected" with Xilinx, she noted.
ICAD

Hot Stocks

18:08 EDT iCAD announces FDA clearance for ProFound AI Version 3.0 for DBT - iCAD announced that ProFound AI Version 3.0 for Digital Breast Tomosynthesis was cleared by the U.S. FDA. Compared to previous versions of the software, the ProFound AI 3.0 algorithm offers up to a 10% improvement in specificity performance and up to 1% improvement in sensitivity. ProFound AI Version 3.0 also offers up to 40% faster processing on the new PowerLook platform.
VLDR

Hot Stocks

17:55 EDT Velodyne Lidar names Jim Barnhart as COO - Velodyne Lidar announced that it has appointed James Barnhart as COO, effective immediately. Barnhart brings to Velodyne Lidar more than 30 years of experience and has a proven track record of manufacturing operations leadership, most recently serving as Senior Vice President, Operations at Nanometrics.
TDW

Hot Stocks

17:54 EDT Tidewater names Sam Rubio CFO, David Darling COO - Tidewater announced the promotion of two key members of the company's executive team, Sam R. Rubio and David E. Darling. Rubio has been promoted to Executive Vice President and Chief Financial Officer, following his accomplishments serving as the Company's Chief Accounting Officer and Controller since joining Tidewater following the combination with GulfMark Offshore, Inc. in 2018. Darling has been promoted to Executive Vice President and Chief Operating Officer, after leading the Company's substantial organizational restructuring in the role of Chief Human Resources Officer since joining Tidewater in early 2018. He has contributed to the development and implementation of numerous operational and performance enhancing initiatives over the past several years, and in his new role he will be responsible for global vessel operational uptime and cost efficiency, including dry dock activities and the optimization of the fleet in lay-up.
RRBI

Hot Stocks

17:34 EDT Red River Bank names Bridges Hall credit policy officer - Red River Bank announced several organizational changes affecting the Northwest Louisiana market, which includes the Shreveport-Bossier City metropolitan statistical area. Bridges Hall has been named senior vice president and credit policy officer for Red River Bank. He will remain based in Shreveport, Louisiana. An employee of the bank since 2006, Bridges previously served as northwest market president and stepped in as interim credit policy officer following the untimely passing of the bank's previous officer. Jennifer Elliott has joined Red River Bank as northwest market president in Shreveport-Bossier City. Jennifer has more than two decades of banking experience and most recently served as north Louisiana market president for another national banking organization. "I am proud to join Red River Bank as we work together to serve the unique needs of customers in the Northwest Louisiana market," stated Jennifer. "Red River Bank offers a blend of easy access to knowledgeable bankers, combined with the sophisticated array of technology that businesses and individuals look for in a bank."
GFL

Hot Stocks

17:02 EDT GFL Environmental proposes acquisition of Terrapure Environmental - GFL Environmental announced that it has entered into a definitive agreement to acquire the solid waste and environmental solutions business of Terrapure Environmental Ltd. and its subsidiaries for an aggregate purchase price of C$927.5M. The Acquisition will exclude the battery recycling business carried on by Terrapure. Terrapure's operations to be acquired in the Acquisition generated revenue of approximately C$365M in 2020, inclusive of COVID related volume impacts.
NWS...

Hot Stocks

17:01 EDT Facebook, News Corp reach multi-year agreement in Australia - News Corp (NWSA) announced that it has reached a multi-year agreement to provide access to trusted news and information to millions of Facebook (FB) users in Australia through its Facebook News product. The agreement involves News Corp Australia and includes The Australian national newspaper, the news.com.au news site, major metropolitan mastheads like The Daily Telegraph in New South Wales, Herald Sun in Victoria and The Courier-Mail in Queensland and regional and community publications. In parallel Sky News Australia has also reached a new agreement with Facebook which extends and significantly builds on an existing arrangement. The three-year deal follows an agreement reached in October, 2019 in which News Corp publications in the United States receive payments in exchange for access to additional stories for Facebook News.
AL

Hot Stocks

16:51 EDT Air Lease EVP Korde sells nearly 30,000 class A common shares - In a regulatory filing, Air Lease EVP Kishore Korde disclosed the sale of 29,387 class A common shares of the company on March 12 at a price of $51.9615 per share.
MSFT

Hot Stocks

16:48 EDT Microsoft looking into issue for access to certain M365 services - Microsoft said it is investigating an issue for access to multiple Microsoft 365 services. "We've identified an issue with a recent change to an authentication system," the company said. "We're rolling back the update to mitigate impact, which we expect will take approximately 15 minutes. Additional information can be found at http://status.office.com or under MO244568 if available. The process to roll back the change is taking longer than expected. We'll provide an ETA as soon as one becomes available. Additional information can be found at http://status.office.com or under MO244568 if available." Reference Link
WK

Hot Stocks

16:42 EDT Workiva director Crow sells $500K in company shares - Workiva director Michael Crow disclosed in a filing that he had sold 5,000 shares of company stock for $100 per share on March 11, for a transaction amount of $500,000.
WK

Hot Stocks

16:42 EDT Workiva director Crow sells $500K in company shares - Workiva director Michael Crow disclosed in a filing that he had sold 5,000 shares of company stock for $100 per share on March 11, for a transaction amount of $500,000.
MAR

Hot Stocks

16:36 EDT Marriott expands board size to 13 directors - In a regulatory 8-K filing, the company states: "Marriott International's Board of Directors announced it has elected David Marriott, President, U.S. Full Service Managed by Marriott at Marriott International, and Horacio Rozanski, President and CEO at Booz Allen Hamilton, Inc., as directors of the company, effective March 15, 2021. Mr. Marriott and Mr. Rozanski will also be included in the company's slate of nominees for election at Marriott's upcoming 2021 Annual Meeting of Stockholders. The elections of Mr. Marriott and Mr. Rozanski expand the Board membership to 13, nine of whom are independent. Last May, the company announced that in consultation with its Board of Directors, Mr. J.W. "Bill" Marriott, Jr. - who is currently serving as Executive Chairman and Chairman of the Board - plans to transition to the role of Chairman Emeritus in 2022. With Mr. David Marriott joining the Board of Directors and in anticipation of him eventually assuming the position of Chairman of the Board in 2022, he will be formally stepping down from his role as President, U.S. Full Service Managed by Marriott, effective at the end of April."
MNRO AAP

Hot Stocks

16:35 EDT Monro names Michael Broderick president, CEO - Monro (MNRO) announced the appointment of Michael Broderick as President and Chief Executive Officer. Mr. Broderick will assume his role effective April 5, 2021, at which time he will also join the Board of Directors. Mr. Broderick brings over 25 years of experience executing profitable growth and business transformation strategies in the aftermarket parts and tire service industry. He most recently served as Executive Vice President of Merchandising and Store Operations Support at Advance Auto Parts (AAP) where he played a critical role in driving same-store sales growth and operational improvements. Robert Mellor, who has served as Interim Chief Executive Officer since August 2020, will continue in his role as Monro's Chairman of the Board. Mellor stated, "Mike is uniquely qualified to lead Monro through the next phase of our transformation as we continue to build a strong, scalable platform for sustainable growth. He has a proven track record of delivering superior performance at large, complex organizations, driving profitable growth through technology-driven strategies, and fostering an inclusive work environment. We are pleased to welcome Mike to Monro and look forward to his leadership, honed by his decades of executive and operational experience in the automotive aftermarket industry."
MNRO AAP

Hot Stocks

16:35 EDT Monro names Michael Broderick president, CEO - Monro (MNRO) announced the appointment of Michael Broderick as President and Chief Executive Officer. Mr. Broderick will assume his role effective April 5, 2021, at which time he will also join the Board of Directors. Mr. Broderick brings over 25 years of experience executing profitable growth and business transformation strategies in the aftermarket parts and tire service industry. He most recently served as Executive Vice President of Merchandising and Store Operations Support at Advance Auto Parts (AAP) where he played a critical role in driving same-store sales growth and operational improvements. Robert Mellor, who has served as Interim Chief Executive Officer since August 2020, will continue in his role as Monro's Chairman of the Board. Mellor stated, "Mike is uniquely qualified to lead Monro through the next phase of our transformation as we continue to build a strong, scalable platform for sustainable growth. He has a proven track record of delivering superior performance at large, complex organizations, driving profitable growth through technology-driven strategies, and fostering an inclusive work environment. We are pleased to welcome Mike to Monro and look forward to his leadership, honed by his decades of executive and operational experience in the automotive aftermarket industry."
NWS

Hot Stocks

16:33 EDT News Corp jumps 3.5% to $25.58 after disclosing Rupert Murdoch insider buy
NWS

Hot Stocks

16:32 EDT News Corp executive chairman buys 500K shares of common stock - In a regulatory filing, News Corp disclosed that its Executive Chairman Keith Rupert Murdoch bought 500K shares of common stock on March 11th in a total transaction size of $13.0M, boosting his holding by 19%.
CASH

Hot Stocks

16:29 EDT Meta Financial names Kia Tang as Chief People and Inclusion Officer - MetaBank announced that Kia Tang has joined the company as Chief People and Inclusion Officer. Kia will oversee People & Culture and lead enterprise-level Diversity, Equity, and Inclusion. She will report to Brad Hanson, Co-President and CEO of MetaBank. As Chief People and Inclusion Officer, Kia will take charge of MetaBank's initiatives to further integrate DEI into the company's culture, programs, and solutions. Additionally, Kia will drive alignment of MetaBank's workplace strategy across both physical and remote locations, and lead and oversee facilities and administration. Commenting on this key addition, Hanson said: "Kia brings a passion and fundamental understanding of the importance of diversity, equity and inclusion to an organization's long-term success. She is a resourceful and creative strategist skilled in human resources, operations and finance. The combination of Kia's skillset and the expanded role of Chief People and Inclusion Officer marks an important point in MetaBank's history and mission to support financial inclusion for all."
ZS

Hot Stocks

16:29 EDT Zscaler director Amit Sinha sells $748K in company shares - Zscaler director Amit Sinha disclosed in a filing that he had sold 4,000 shares of company stock for $187.00 per share on March 11, for a total transaction amount of $748,000.
SLDB

Hot Stocks

16:24 EDT Solid Biosciences reports interim functioning, biomarker data from IGNITE DMD - Solid Biosciences reported interim functional and biomarker data, and patient reported outcome measures, or PROMs, from six patients after treatment in the ongoing IGNITE DMD Phase I/II clinical trial of its lead gene therapy candidate, SGT-001. The company also announced that patient 7in IGNITE DMD was safely dosed, with transient and manageable adverse events, none of which were serious. Patient 7 was the first patient dosed in IGNITE DMD under a previously reported clinical protocol amendment and using SGT-001 manufactured with its second-generation process. Additionally, the six patients previously dosed showed no new drug-related safety findings, 17-37 months post dosing. The totality of data collected, and the re-initiation of dosing, support the continued enrollment of patients into the IGNITE DMD study. The data reported were collected from the first six patients dosed in IGNITE DMD 12 to 24 months after treatment and include data from three patients dosed at the low dose (5E13 vg/kg) and three patients dosed at the high dose. Data from the delayed treatment cohort, analyzed as an untreated control cohort, were evaluated alongside representative natural history data. The six patients ranged in age from five to 14-years-old at baseline. These data have been previously shared with FDA, as well with members of the IGNITE DMD Data Safety Monitoring Board and clinical consultants. Among patients in the low and high dose cohorts, North Star Ambulatory Assessment (NSAA) scores at one year suggest benefit after treatment as compared to trajectories typically observed in natural history data. Natural history analyses suggest that patients similarly aged to those enrolled in IGNITE DMD would normally be expected to exhibit year-over-year disease progression ranging from a plateau in gains to a 3 to 3.7-point decline. Patients in the untreated control cohort exhibited a mean decline of 4 points from baseline to 1 year, while patients in the low-dose cohort exhibited a mean improvement of 1 point over the same period of time. Patients in the high-dose cohort exhibited a mean improvement of 0.3 points as compared to their baseline values. Mean increase in the 6-Minute Walk Test, or 6MWT, distance was above the generally accepted minimally clinically important difference of 30 meters in both the low- and high-dose cohorts after treatment. While patients in the untreated control cohort exhibited a decline of 8.5 meters from baseline to one year, patients in the low-dose cohort exhibited a mean improvement of 37 meters and patients in the high-dose cohort exhibited an improvement of 49.7 meters over the same period. With respect to pulmonary function tests, or PFTs, the majority of patients in both dose groups exhibited improved forced vital capacity at one year when declines in pulmonary function would otherwise be typically observed in patients with Duchenne. From baseline to one year, patients in the untreated control cohort exhibited a mean decline of 10.7% on an absolute basis, while patients in the low-dose and high-dose cohorts exhibited a mean improvement of 3.9% and 16.7%, respectively, over the same period. Creatine kinase, or CK, assessments of the six patients provide potential physiological evidence of a positive or stabilizing effect after one year of treatment with a single high-dose infusion of SGT-001. An average sustained CK decline of approximately 50% in patients in the high-dose cohort was observed. In the low-dose cohort, an average CK increase of approximately 166% was observed, and in the control group an average CK increase of approximately 17% was observed. Patient reported outcome measures taken after one year of treatment revealed a trend towards dose-ordered improvements in motor function subscales and fatigability assessments, providing real-world evidence to support the clinical and biomarker findings of varying degrees of benefit to patients in the low- and high- dose cohorts. Meaningful improvements were demonstrated in the Pediatric Outcomes Data Collection Instrument, or PODCI, a validated PROM that contains questions to assess how caregivers and children evaluate the child's ability to walk, stand, and perform activities of daily living, as well as recreational activities. Motor function scores reflect the gains seen in 6MWT and benefit of NSAA observed in all dosed patients. Semi-structured, qualitative interviews conducted by Modus Outcomes with patients and caregivers about the impact of Duchenne on functioning demonstrated overall improvement in functional activity and school-related impacts in low- and high-dose cohorts, with subjective decreased fatigability in all patients of both treatment cohorts. Additionally, with resumption of dosing in IGNITE DMD, patient 7 was dosed safely with mild to moderate adverse events, all of which have fully resolved. The resumption of dosing was under an amended clinical protocol and using SGT-001 manufactured with an improved process, both of which are designed to enhance patient safety.
TMST

Hot Stocks

16:20 EDT TimkenSteel to increase prices on special bar quality products - TimkenSteel announced it will increase base pricing on special bar quality products 3.500" and below by $55 per ton and $40 per ton for sizes above 3.500". This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning May 3. All surcharge mechanisms remain in effect.
IPI

Hot Stocks

16:20 EDT Intrepid Potash announces increases to Trio price - Effective March 15, Intrepid increased its Trio price by $20 per ton on all product grades. Trio(R) price is now posted at $80 per ton above the 2020 summer-fill price. "The strong fertilizer season continues as solidly profitable farm economics support robust application across virtually all markets." said Bob Jornayvaz, Intrepid's Executive Chairman, President, and CEO. "We are seeing strong commodity markets around the world as evidenced by rising prices across a suite of farm commodities such as soybeans, corn, cotton, sugar, cocoa, palm oil, forage crops, fruits, and vegetables and also rising prices in industrial commodities such as copper and oil, traditional harbingers of improving global economics and growth. We have a strong book of sales through the second quarter and expect customers will continue to replenish warehouses as the season continues. We expect to achieve this higher pricing on spot tons in the second quarter."
ASC

Hot Stocks

16:18 EDT Ardmore Shipping announces joint venture with Element 1 Corp., Maritime Partners - Ardmore Shipping announced that it has signed a Letter of Intent with Element 1 Corp. and Maritime Partners, whereby the parties propose to establish a joint venture for the purpose of delivering E1's unique methanol-to-hydrogen technology to the marine sector, as well as make certain other investments as described herein. The proposed transactions entail the following: Ardmore, E1 and MP will establish "e1 Marine," each owning 33.3% of the joint venture. e1 Marine will have a worldwide mandate for the marketing, development, licensing and sale of E1's unique hydrogen generation systems for application to the marine industry, including shipping, refrigerated containers, offshore energy, renewable energy, passenger and leisure, and certain port infrastructure and related applications. MP will make an investment in Ardmore in the form of $40M in perpetual preferred shares in two tranches: the first tranche will be $25M; the second tranche will be $15M subject to final approval by MP. The preferred shares will carry a dividend of 8.5% per annum paid quarterly subject to potential increases upon the occurrence of customary events, incorporate payment in kind provisions, and be redeemable by Ardmore commencing after three years. Ardmore will purchase a 10% equity stake in E1 in exchange for $4M cash plus 950,000 ASC common shares. The total consideration is estimated to be $11 million based on Ardmore's net asset value as of February 2021. Ardmore will also take a seat on E1's board of directors from the date of the investment. MP will receive 20% of any profits paid to Ardmore from this equity investment in E1. The transactions are expected to close simultaneously early in the second quarter.
IBEX

Hot Stocks

16:17 EDT Ibex opens second site in Bohol, Philippines - Ibex announced the opening of its second site in Bohol, Philippines, in the Plaza Marcela complex. "We're thrilled to announce the launch of Plaza Marcela - our second site opening in Bohol, bringing us to over 1300 agents in the province, and clearly the leader in this amazing market," said Bob Dechant, CEO of ibex. "Bohol offers a highly educated talent pool, and it's quickly becoming the digital customer support engine for some of the world's leading brands. As ibex drives end-to-end digital transformation efforts for our clients, Bohol has become a key pillar in our BPO 2.0 strategy." ibex's new site is located in Tagbilaran City, Bohol and is the company's eighth contact center in the Philippines. The Plaza Marcela office features 560 production seats, two production spaces, training rooms, meeting rooms, conference rooms, data rooms, a full recruitment area, and sleeping quarters.
AKR

Hot Stocks

16:17 EDT Acadia Realty Trust reinstates quarterly dividend of 15c per share - The dividend is payable on April 15, 2021 to holders of record as of March 31, 2021.
DKS

Hot Stocks

16:16 EDT Dick's Sporting's Colombo sells over 15,000 common shares - In a regulatory filing, Dick's Sporting Goods director William J. Colombo disclosed the sale of 15,080 common shares of the company on March 12 at a price of $75.001 per share.
VOYA

Hot Stocks

16:16 EDT Voya Financial names Michael Smith as vice chairman - The company states: "Voya Financial announced several updates to its operating model and leadership team. The new model is designed to advance Voya's workplace and institutional client-focused strategy and growth plans, as well as ensure a customer-centric focus on health, wealth and investment solutions. In addition to his role as chief financial officer and overseeing Voya's Finance and Risk areas, Michael Smith also will now serve as vice chairman. This reflects Smith's role leading Voya's enterprise strategy as well as his recently expanded responsibilities for technology, data science, transformation, continuous improvement, procurement, sourcing and supplier management, and real estate. Michael Katz, Voya's chief strategy, planning and investor relations officer, and Santhosh Keshavan, Voya's chief information officer, also will join Voya's executive committee. Katz and Keshavan will continue to report to Smith. Charles Nelson will serve as vice chairman and chief growth officer and will shape Voya's growth strategy, including customer segmentation. This includes an enterprise focus on better integrating across customer segments to expand Voya's reach in the workplace as well as beginning to target new customer segments and solutions and build upon the more than 13 million individual and institutional customers and approximately 55,000 employers that Retirement and Employee Benefits already serve. He will oversee enterprise revenue-growth activities, including sales and distribution, relationship management, health and wealth marketing and customer solutions. William Harmon, who will continue to report to Nelson, will also assume a new role as Voya's chief client officer, leading the health and wealth sales, distribution and relationship management teams. Heather Lavallee, who currently serves as president of Retirement Tax-Exempt Markets, will become CEO of Wealth Solutions and Robert Grubka, who currently serves as president of Employee Benefits, will become CEO, Health Solutions."
MOTS

Hot Stocks

16:14 EDT Motus GI Holdings announces enrollment of first patient in Pure-Vu System study - Motus GI Holdings announced the enrollment of the first patient in a pilot study of the Pure-Vu System. The study is evaluating the clinical and economic outcomes using the Pure-Vu System in patients with emergent lower gastrointestinal bleeding that are evaluated and treated in the intensive care unit, or ICU, or the rapid inpatient endoscopy suite. The study, which is being conducted at a a non-profit, academic medical center in the U.S., is expected to enroll up to 20 patients with acute lower GI bleeding, who are undergoing urgent colonoscopy under monitored anesthesia care or conscious sedation. The colonoscopies will be performed using the Pure-Vu System after the patient has received minimal to no purgative preparation and two enemas. Cleansing success will be attained if a Boston Bowel Preparation Scale of two is achieved in all three colonic segments. The primary outcome of the study will be the proportion of patients who achieve an adequate bowel preparation to identify bleeding lesions in all three colonic segments.
INSP

Hot Stocks

16:14 EDT Inspire Medical gets FDA approval of two-incision implant procedure - Inspire Medical Systems announced receipt of U.S. Food and Drug Administration approval for an improved surgical implant procedure that eliminates one incision with a revised placement of the pressure sensing lead. This newly approved procedure will reduce the average procedure time for Inspire therapy by approximately 20% ."Delivering consistent positive patient outcomes remains Inspire's number one priority, and the receipt of FDA approval for this two-incision procedure represents further evidence of our commitment to the continuous improvement of Inspire therapy," said Tim Herbert, President and Chief Executive Officer of Inspire Medical Systems. "The new procedure places the sensor in the intercostal muscles directly behind the neurostimulator pocket, thereby eliminating the need for a third incision lower on the chest and the additional requirement to tunnel the sensing lead under the skin to the neurostimulator. A number of ENT surgeons highly experienced with the current Inspire implant procedure initiated the development of this new surgical technique. With this approval, we now intend to leverage our broad network of leading ENT's to further improve the Inspire procedure and enhance therapy outcomes."
SCI

Hot Stocks

16:12 EDT Service Corp. partners with TAPS - Service Corporation and its brand, Dignity Memorial, have partnered with Tragedy Assistance Program for Survivors to support individuals grieving the loss of a military loved one. SCI will become an official partner of TAPS with a $250,000 contribution, which will provide valuable support programs and materials to help survivors cope with grief and loss.
FLGT

Hot Stocks

16:12 EDT Fulgent Genetics awarded CDC genomic sequencing contract for SARS-CoV-2 samples - Fulgent Genetics announced that the U.S. Centers for Disease Control and Prevention, or CDC, has awarded the company a contract to provide genomic sequencing of samples of SARS-CoV-2 on an ongoing basis, leveraging the company's next generation sequencing, or NGS, capabilities. Under the agreement, Fulgent Genetics will sequence the genomes of random samples that have tested positive for SARS-CoV-2, the virus that causes COVID-19. Fulgent will leverage its NGS platform and provide sequencing data to the CDC as part of their initiative to conduct a large-scale genomic survey of the virus using random samples from across the United States. Ultimately, the CDC believes this large-scale genomic survey of the virus can provide important baseline information for national and state-level virus surveillance, help define changes in transmission, help to identify unusual or emerging variants, and ultimately improve the public health response to the virus. Fulgent said it was selected as a partner due to its access to samples, laboratory capabilities for processing and sequencing of these samples, ability to manage the significant amount of data collected, and ability to deliver data to the CDC under the strict specifications they require.
ICFI

Hot Stocks

16:08 EDT ICF International awarded $30M contract from EPA - The U.S. Environmental Protection Agency recently awarded ICF a new five-year, single-award indefinite delivery, indefinite quantity contract valued up to $30M to provide technical, analytical and quality assurance support to inform the agency's decisionmaking process. The scope of work includes continued services to Regions 3 and 9 and was expanded by $5M from the previous contract to include services to Region 5.
IOVA

Hot Stocks

16:07 EDT Iovance Biotherapeutics appoints Igor Bilinsky as COO - Iovance Biotherapeutics announced the appointment of Igor Bilinsky, Ph.D., as Chief Operating Officer, effective on Monday. Dr. Bilinsky brings more than 20 years of biotechnology industry experience as a senior executive and consultant, including public companies. "I am pleased to welcome Igor to Iovance and look forward to his contributions while we advance our TIL cell therapy pipeline," stated Maria Fardis, Ph.D., President and Chief Executive Officer of Iovance Biotherapeutics. "Through his experience in several senior leadership roles across multiple functional areas, Igor has led multiple teams across different companies, including internal manufacturing, and created significant shareholder value. These capabilities are important to Iovance in furthering our leadership in TIL cell therapy development, manufacturing and potential commercialization."
FWRD

Hot Stocks

16:06 EDT Forward Air names five independent directors to board - Forward Air Corporation announced that it has appointed five independent and "highly qualified" directors to its Board of Directors in connection with an agreement with Ancora Holdings, a significant shareholder which currently owns approximately 6.4% of the Company's outstanding shares. George Mayes, Chitra Nayak, Scott Niswonger, Javier Polit and Richard Roberts will join the Board, effective immediately, and will stand for election at the Company's 2021 Annual Meeting of Shareholders. The Company has established March 24, 2021 as the record date for shareholders entitled to vote at the Annual Meeting, which will be held on May 19, 2021. These individuals bring substantial experience across operations, finance and technology to a meaningfully refreshed Board. In connection with the appointments of Ancora's designees, Mr. Niswonger and Mr. Roberts, Ancora also endorsed the new directors identified by Forward Air. In addition, Forward Air has entered into a consulting agreement with Andrew C. Clarke, former Chief Financial Officer of Forward Air. The Company also announced that John Langley Jr. and Gil West will not stand for re-election at the Annual Meeting. Following the Annual Meeting, the Board will comprise 13 directors, 12 of whom are independent and nine of whom will have joined the Board in the last four years.
OZK

Hot Stocks

16:05 EDT Bank OZK receives approval for clean solar energy initiative - Bank OZK announced it has received approval from the Arkansas Public Service Commission, APSC, and the Federal Deposit Insurance Corporation ("FDIC") to construct a solar power plant. The solar plant will be the third-largest commercial solar facility dedicated to a private sector customer in the State of Arkansas, and it is expected to have generating capacity of 4.8-megawatts DC of electricity. The APSC approval sets in motion the Bank's $6 million sustainable energy initiative to produce enough renewable energy to power the Bank's recently completed corporate headquarters in Little Rock and up to 40 more Bank offices in Arkansas. The Bank will soon finalize the purchase of the site for the solar power plant and begin construction. "This is the largest investment in renewable energy by an Arkansas-based financial services company," said Tim Hicks, Chief Credit and Administrative Officer at Bank OZK. "We are pleased to play a leading role investing in sustainable and clean energy, which will provide stable electrical power at a predictable price well into the foreseeable future." Scenic Hill Solar, LLC, of North Little Rock, Arkansas, will develop and oversee construction of the solar power plant for the Bank, which will include over 11,000 solar panels on a single-axis tracking system. Over the course of a year, the facility is expected to generate more than 8.1 million kilowatt-hours of electricity, enough to provide the electricity equivalent for over 1,000 homes for 12 months. "The solar plant reflects our strong commitment to environmental responsibility," said Hicks. "We expect to reduce our carbon footprint by about 160,000 tons of carbon dioxide over the next 30 years."
ACRX

Hot Stocks

16:03 EDT AcelRx sees FY21 CapEx $4M-$5M - AcelRx said, "The company's 2021 year-end goals include obtaining 615 cumulative formulary approvals as we expect COVID restrictions on elective surgeries to be loosened in the second half of 2021. Quarterly combined R&D and SG&A expense is expected to be approximately $9-$10 million (and $8.0-$8.5 million excluding stock compensation and depreciation). Annual debt service is expected to approximate $10 million as we continue to pay down amounts outstanding under our senior debt facility. Annual capital expenditures are expected to range from $4-$5 million attributed mainly to the final installation of our new high-volume, automated packaging line at our contract manufacturer. We expect initial packaging batches to be produced at the end of this year, with commercial batches beginning after regulatory approvals are received in Q3 2022. With a path now clear to final installation of the automated packaging line, we also plan to close on an agreement to out-license DZUVEO for Europe later this year."
BKD

Hot Stocks

16:00 EDT California AG sues Brookdale Senior Living, alleges false info given to CMS - California Attorney General Xavier Becerra joined a coalition of District and City Attorneys, led by Kern County District Attorney Cynthia Zimmer, in filing a lawsuit against Brookdale Senior Living, which the AG identifies as the nation's largest senior living operator. The lawsuit, which concerns Brookdale's ten California skilled nursing facilities, alleges that Brookdale ignored laws that protect patients' safety when they are discharged from a facility. The lawsuit also alleges that Brookdale gave false information to the Centers for Medicare & Medicaid, or CMS, information which CMS uses to award "star ratings" to skilled nursing facilities so that consumers can choose a quality facility. By lying to CMS, Brookdale fraudulently increased its star rating in several categories to attract prospective patients and their families, the AG said in a press releases. "We are holding Brookdale accountable for artificially increasing its profits by cutting corners when transferring or discharging its patients. It lured individuals to its facilities through false promises about providing the highest quality care," said Attorney General Becerra. Reference Link
KMPH

Hot Stocks

15:21 EDT KemPharm extends gains, up 33% to $12.50 in afternoon trading
SYK

Hot Stocks

15:10 EDT FDA issues safety communication on Stryker STAR Ankle device - In an FDA Safety Communication issued on March 15, the FDA stated that it is advising patients, caregivers, and health care providers about the higher than expected risk of the polyethylene component of the device breaking, as early as three to four years after implantation in all Scandinavian Total Ankle Replacement devices, or STAR Ankle. Fracture of the plastic component of the STAR Ankle may lead to surgery to repair or replace the device. "The FDA continues to work with Stryker to better understand the factors which contribute to the plastic component fracture based on results from post-approval studies and other data sources. The FDA will also continue to review medical literature, real-world evidence, FDA-required post approval studies, adverse event reports, registry data, and information from patients, health care providers, orthopedic professional societies, and the manufacturer. In addition, the FDA will continue to work with Stryker to ensure that patients and providers are aware of the potential risk of plastic component fracture, to identify any potential mitigation measures, and to ensure that the product labeling addresses the concern," the safety notice stated. Reference Link
TSN

Hot Stocks

15:05 EDT Tyson Foods expands free, onsite COVID-19 vaccinations in Arkansas - Tyson Foods is expanding its free, onsite COVID-19 vaccinations to all team members in the state of Arkansas, where 20% of the company's U.S. workforce is based. March 15 through April 2, the company will hold 19 vaccination events to ensure the company's 24,000 Arkansas employees have convenient access to the vaccine. The vaccines are being provided in conjunction with Matrix Medical, local health departments and other healthcare providers where food processing workers are among the priority groups now eligible for vaccination.
OGI BTI

Hot Stocks

15:04 EDT Organigram CEO looking forward to bring products to U.S. market when time comes - Discussing the recently announced partnership with British American Tobacco (BTI), Organigram (OGI) CEO Greg Engel said in a CNBC interview that, "there was a goal alignment and a culture alignment," and there will be a "big focus on research & development." "Our focus today is Canada. But with this partnership we will also look forward to develop products so we can bring them to market when we do enter the U.S. market."
AZRX

Hot Stocks

14:51 EDT AzurRx CEO says 'fully capitalized,' expects 2021 to be 'super year' - AzurRx (AZRX) is a clinical stage biopharmaceutical focused on the development of recombinant proteins for the treatment of gastrointestinal diseases. In an exclusive interview with The Fly, the company's President and CEO James Sapirstein talked about AzurRx's financial situation and what to expect ahead: "We're getting closer to data and we were able to do a capital raise that paid for the deal with First Wave Bio. Things have been going great. We're fully capitalized, with enough money to get us through the end of MS1819 trials and launch the other two trials. We're progressing nicely. I believe 2021 will be a super year for us." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company.
SVRA

Hot Stocks

14:49 EDT Savara's Ramsay acquires nearly 700,000 common shares - In a regulatory filing, Savara director David A. Ramsay disclosed the purchase of 689,655 common shares of the company on March 15 at a price of $1.45 per share.
KMPH

Hot Stocks

14:36 EDT KemPharm halts for volatility after jumping 17% to $11.02
AZRX

Hot Stocks

14:29 EDT FW-420 Phase 1b trial to launch in first half of 2021, AzurRx CEO says - AzurRx (AZRX) is a clinical stage biopharmaceutical focused on the development of recombinant proteins for the treatment of gastrointestinal diseases. In an exclusive interview with The Fly, the company's President and CEO James Sapirstein discussed FW-420 and its upcoming Phase 1b trial, which is expected to launch in the first half of 2021: "[FW-420] is niclosamide for checkpoint inhibitor colitis. Some of products used in cancer therapy right now - such Opdivo and Keytruda - have diarrhea as a side effect that leads to colitis. Our goal is having niclosamide prevent the inflammation process around colitis. We're going to look specifically at checkpoint inhibitor colitis. We do expect to launch that the first half of this year, probably closer to June. That trial should take anywhere from 14 to 18 months." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.
C

Hot Stocks

14:14 EDT Citi reports February charge-offs 2.76% vs. 2.01% last month - Reports February 30-plus day delinquency 1.31% vs. 1.37% last month.
AZRX

Hot Stocks

14:06 EDT AzurRx CEO expects data from MS1819 trials in first half of 2021 - AzurRx (AZRX) is a clinical stage biopharmaceutical focused on the development of recombinant proteins for the treatment of gastrointestinal diseases. In an exclusive interview with The Fly, the company's President and CEO James Sapirstein talked about AzurRx's lead therapeutic candidate MS1819, which is currently in two ongoing Phase 2 clinical trials: "We have two trials with MS1819, both Phase 2b studies. One of them is OPTION 2 trial and we're pretty close to finishing up that trial right now and we will have top line data at the end of this month. The other trial which is Phase 2b trial in combination therapy for patients that are failing their current therapy where we add a little bit of our drug to their current therapy is also very close to closing. We will have data on that in the second quarter of this year." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.
SKLZ

Hot Stocks

13:50 EDT Skillz says short report 'contains numerous inaccuracies, misleading claims' - Contacted by The Fly following a short report by Restrinct, a spokesperson for Skillz said that "The report from Restrinct contains numerous inaccuracies and misleading claims. The only new claim in this report is an erroneous calculation of our unit economics, which relies on defective math and demonstrates a fundamental misunderstanding of our business. The company released its 2020 Year-End and Q4 earnings results last week, which speak to the strength of Skillz's business. We look forward to fielding questions from Restrinct when we report our Q1 results." Restrinct claimed in a recently published report that Skillz was "simply another skill-based gambling startup," and that "these exact, literally identical, business models have existed in the past and have largely gone defunct or failed to scale over time." Skillz management "has a history of announcing partnership and projects that have failed to materialize," the short seller added, arguing that Skillz "is essentially paying a dollar in advertising to show eighty cents in growth."
AZRX

Hot Stocks

13:43 EDT AzurRx CEO says market opportunity in COVID GI infections 'quite large' - AzurRx (AZRX) is a clinical stage biopharmaceutical focused on the development of recombinant proteins for the treatment of gastrointestinal diseases. In an exclusive interview with The Fly, the company's President and CEO James Sapirstein discussed the market opportunity in COVID-19 GI infections: "We believe [the market opportunity in COVID-19 GI infections] it's quite large. We believe COVID hides in certain reservoirs. That's why we have people - they are calling them the 'long haulers' - who had COVID and still have symptoms associated with it: they can't breathe very well, they get headaches, brain fog... and we have seen studies that in 48% of patients who had COVID, they still have positive RNA in their stools. So, we're positive that COVID lives in the GI track and niclosamide will be able to take COVID out of the GI track and hopefully also prevent it from hiding there as well. The sky is the limit in terms of market opportunity. It's really hard to tell how big it can be, especially if we can prove it works prophylactic. You're looking at a several billion-dollar asset." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.
AZRX

Hot Stocks

13:20 EDT AzurRx CEO expects COVID-related GI infection trial to start 'very soon' - AzurRx (AZRX) is a clinical stage biopharmaceutical focused on the development of recombinant proteins for the treatment of gastrointestinal diseases. In an exclusive interview with The Fly, the company's President and CEO James Sapirstein talked about AzurRx's pact with PPD (PPD) for a Phase 2 clinical trial evaluating a proprietary formulation of micronized niclosamide as a treatment for COVID-19-associated gastrointestinal infections: "Niclosamide is a very old product for parasites and antiparasitic that was approved in the U.S. in 1982. When COVID broke out and people started looking at products that could be repurposed to work against COVID, niclosamide showed incredible activity against COVID. We now contracted with PPD to conduct our Phase 2 trial. We should be announcing very soon that we're launching the trial. The letter of intent has been signed, we've looking at different sites and coordinating which facilities to use. We hope this trial will be concluded by the first quarter of 2022. If we recruit patients faster, we will finish faster. We also believe that because COVID is not going way despite the vaccine given a lot of mutations and variations, we will need therapeutics like this to treat people. We're going right into Phase 2. First Wave Bio had its IND approved by the FDA back in September, so they're allowing us to go right to a proof-of-concept trial with PPD, most likely by the end of this month or early next month. We should get emergency authorization use if it works." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.
AZRX

Hot Stocks

13:00 EDT FW-420 trial to launch in first half of 2021, AzurRx CEO says
AZRX

Hot Stocks

13:00 EDT Data from MS1819 Phase 2b trials expected in first half of 2021, AzurRx CEO says
AZRX

Hot Stocks

13:00 EDT AzurRx CEO says 'sky is the limit' for niclosamide in COVID-related GI infection
AZRX

Hot Stocks

13:00 EDT AzurRx BioPharma CEO Sapirstein sees 2021 being 'a super year'
TAK

Hot Stocks

12:52 EDT Takeda granted orphan status for pouchitis treatment vedolizumab - The FDA granted Takeda Pharmaceutical for vedolizumab, its treatment of pouchitis. Reference Link
VWAGY BP

Hot Stocks

12:23 EDT VW aims to establish 8,000 fast-charging points in Europe with BP - Volkswagen (VWAGY) said that its battery offensive is being accompanied by a large-scale expansion of the fast-charging network. Along with its partners, the company intends to operate about 18,000 public fast-charging points in Europe by 2025. This represents a five-fold expansion of the fast-charging network compared to today and corresponds to about one third of the total demand predicted on the continent for 2025. This will be done through a series of strategic partnerships in addition to the joint venture IONITY. Volkswagen wants to establish about 8,000 fast-charging points throughout Europe together with BP (BP). The fast-chargers with a charging capacity of 150 kW will be installed at a total of 4,000 BP and ARAL service stations, with the majority of these in Germany and Great Britain. In cooperation with Iberdrola, Volkswagen will cover main traffic routes in Spain. In Italy, Volkswagen wants to collaborate with Enel to establish the fast-charging network both along motorways and in urban areas. Volkswagen will invest about EUR 400 million in the European programme as a whole by 2025, with further investments being borne by external partners. Volkswagen is expanding the public fast-charging network in the US and China too. Electrify America is planning around 3,500 fast-charging points in North America by the end of the year. In China, a total of 17,000 fast-charging points are being targeted by Volkswagen by 2025 through the CAMS joint venture.
VWAGY

Hot Stocks

12:23 EDT VW seeks to reduce cost, complexity of battery cells - Volkswagen said that is aiming to make "significant advances" with the battery system including all of its components right through to the cell. "We aim to reduce the cost and complexity of the battery and at the same time increase its range and performance", says Thomas Schmall, Volkswagen Group Board Member for Technology. "This will finally make e-mobility affordable and the dominant drive technology." Aside from the planned in-house production, significant cost benefits are expected primarily thanks to the new unified cell. It is set to be launched as of 2023 and will be installed across brands in up to 80 percent of all electric vehicles in the Group in 2030. Further savings will be delivered by optimising the cell type, deploying innovative production methods as well as consistent recycling. Volkswagen is thus aiming to gradually reduce battery costs in the entry-level segment by up to 50 percent and in the volume segment by up to 30 percent. "We will use our economies of scale to the benefit of our customers when it comes to the battery too. On average, we will drive down the cost of battery systems to significantly below EUR100 per kilowatt hour. This will finally make e-mobility affordable and the dominant drive technology", says Thomas Schmall. In addition to the unified cell and the consistent expansion of in-house production, the Group's new technology roadmap will also focus on integrating more steps along the value chain all the way through to industrial recycling. Together with selected strategic partners, Volkswagen therefore wants to secure the long-term supply of cells for its e-offensive. Advances in storage capacity and fast-charging capability are expected in addition to cost benefits. The new prismatic unified cell also offers the best conditions for the transition to the solid state cell - the next quantum leap in battery technology, which Volkswagen anticipates for the middle of the decade. The Group focuses consistently on strategic partnerships and efficient use of resources both for batteries and for charging. The Group is adhering to its strategic financial targets and continues to aim for a capex ratio of around 6 percent by 2025 and an annual clean net cash flow of more than EUR 10 billion in its core automotive business.
VWAGY

Hot Stocks

12:22 EDT Volkswagen sees six cell factories running in Europe by 2030 - Volkswagen said that is pushing ahead at full speed with the development of production capacities in Europe in order to meet the increasing demand for battery cells. "Together with partners, we want to have a total of six cell factories up and running in Europe by 2030 thus guaranteeing security of supply", explains Thomas Schmall. The new factories are expected to produce cells with a total energy value of 240 GWh per year by the time they are finally completed. Volkswagen is therefore actively contributing to meet the targets of the European Union's Green Deal. The first two factories will operate in the Swedish city of Skellefteundefined and in Salzgitter. In response to increased demand, Volkswagen has decided to refocus the previous plan in relation to cell production and concentrate production of its premium cells in the Swedish gigafactory "Northvolt Ett" in Skellefteundefined in collaboration with Northvolt. The production of these cells is set to commence in 2023 and will be expanded gradually to an annual capacity of up to 40 GWh. The gigafactory currently operated by Volkswagen in Salzgitter will produce the unified cell for the high-volume segment from 2025 and develop innovations in process, design and chemistry. Production capacity of up to 40 GWh per year is also planned for Salzgitter. This refocusing will deliver enhanced economies of scale and reduce the complexity of production. Both gigafactories will be powered with electricity from renewable energy sources. Potential sites and partners are currently being considered for the other factories.
WMT

Hot Stocks

12:17 EDT Walmart Canada to invest over C$500M to modernize stores - Walmart Canada said it is investing over C$500M this year in its store network, with a focus on refurbishing and refreshing stores in communities across the country. This is the largest yearly investment in store upgrades Walmart Canada has made as it continues improving the overall customer experience and modernizing the business, the company said. The work is expected to create more than 2,000 construction jobs in communities from Prince George, British Columbia to New Minas, Nova Scotia. After all the work is completed, more than 60% of all Walmart Canada stores will be improved by the investment this year, it said. "We are on a mission to modernize all aspects of our business and that includes our stores," said Horacio Barbeito, President and CEO of Walmart Canada. "Investing in our stores is a major priority. In so many cases our stores are pillars in the community, and we want them at their best - especially as we serve our customers in more omnichannel ways." Reference Link
GM

Hot Stocks

12:16 EDT GM-backed Cruise to acquire Voyage - Voyage's Oliver Cameron, co-Founder and CEO, stated in a post to the company's blog: "I am delighted to share that Voyage is being acquired by Cruise! Together, we will deliver on the promise of self-driving cars - a revolutionary technology that will enable millions to move freely, affordably, and sustainably within their communities. At Voyage, we've been laser-focused on delivering a product that benefits the lives of real people. Voyage's approach has always been to leverage our limited resources to deliver a product that restores mobility to those who need it most: senior citizens. We've made tremendous progress towards this goal, moving countless senior citizens (some as old as 92!) around their communities. Now at Cruise, we are thrilled to have the substantial resources to eventually serve not just senior citizens, but every possible demographic who stands to benefit from self-driving services." Cruise is majority owned by General Motors (GM). Reference Link
AXP

Hot Stocks

12:07 EDT American Express reports February net write-off rate 1.4% vs. 1.3% last month - Reports 30 days U.S. Consumer Card Member past due loans as a percentage of total 1.0% vs. 1.0% last month and U.S. Consumer Card Member net write-off rate 1.4% vs. 1.3% last month.
AMR

Hot Stocks

12:01 EDT Alpha Metallurgical Resources falls -10.3% - Alpha Metallurgical Resources is down -10.3%, or -$1.60 to $13.90.
EXTN

Hot Stocks

12:00 EDT Exterran falls -11.1% - Exterran is down -11.1%, or -49c to $3.91.
RYB

Hot Stocks

12:00 EDT RYB Education falls -11.2% - RYB Education is down -11.2%, or -66c to $5.25.
AMC

Hot Stocks

12:00 EDT AMC Entertainment rises 22.8% - AMC Entertainment is up 22.8%, or $2.54 to $13.70.
JILL

Hot Stocks

12:00 EDT J.Jill rises 35.7% - J.Jill is up 35.7%, or $1.81 to $6.88.
SJR

Hot Stocks

12:00 EDT Shaw Communications rises 39.3% - Shaw Communications is up 39.3%, or $7.53 to $26.70.
DNK

Hot Stocks

11:41 EDT Phoenix Tree Holdings Limited (Class A ADS) trading halted, news pending
AEVA

Hot Stocks

11:31 EDT Aeva Technologies Inc trading resumes
GMPXF CCORF

Hot Stocks

11:28 EDT RF Capital says Canaccord proposal not in best interest of holders - RF Capital Group (GMPXF) commented on an announcement by Canaccord Genuity Group (CCORF) that it had privately made an unsolicited proposal for the purchase of some or all of the outstanding shares of the Company. "RF Capital advises shareholders that its Board declined to engage with Canaccord, having unanimously concluded that the proposal was not in the best interest of the Company's shareholders, advisors, clients and other stakeholders in light of the considerable opportunities for Richardson Wealth in the fast-growing wealth management industry."
AEVA

Hot Stocks

11:25 EDT Aeva Technologies Inc trading halted, volatility trading pause
GME

Hot Stocks

11:24 EDT GameStop trading resumes
GME

Hot Stocks

11:23 EDT GameStop halts for volatility after dropping 15% to $226.19
GME

Hot Stocks

11:19 EDT GameStop trading halted, volatility trading pause
AMD

Hot Stocks

11:04 EDT AMD announces new EPYC 7003 Series CPUs - At a digital event, AMD (AMD) announced the new AMD EPYC 7003 Series CPUs, which includes the AMD EPYC 7763, which the company calls "the world's highest-performing server processor." The new EPYC 7003 series processors "help HPC, cloud and enterprise customers do more, faster, by delivering the best performance of any server CPU with up to 19% more instructions per clock," AMD said. "With the launch of our 3rd Gen AMD EPYC processors, we are incredibly excited to deliver the fastest server CPU in the world. These processors extend our data center leadership and help customers solve today's most complex IT challenges, while substantially growing our ecosystem. We not only double the performance over the competition in HPC, cloud and enterprise workloads with our newest server CPUs, but together with the AMD Instinct GPUs, we are breaking the exascale barrier in supercomputing and helping to tackle problems that have previously been beyond humanity's reach," added Forrest Norrod, senior vice president and general manager, Data Center and Embedded Solutions Business Group.
XPEV

Hot Stocks

11:00 EDT Guangdong Yuecai to invest RMB 500M in XPeng China subsidiary - XPeng announced that its subsidiary in China has reached a strategic cooperation agreement with Guangdong Yuecai Investment Holdings, the investment arm of the Guangdong provincial government. Pursuant to the agreement, Yuecai will invest a total of RMB 500M, through the Guangdong Industrial Development Fund, in XPeng's subsidiary in China to further accelerate the company's business expansion, Xpeng said in a statement. "The investment recognizes XPeng's leadership position in the Smart EV industry in China and its strategy of developing proprietary R&D tailored for local customer needs. The investment also acknowledges XPeng's significant contributions to local economic development, in particular to the transition of the automobile sector, developing advanced EV technologies, and building the connected and intelligent mobility ecosystem and supply chain, as well as to the local talent base expansion in Guangdon," the company added.
AZN

Hot Stocks

10:34 EDT Germany's health ministry suspends AstraZeneca vaccine use - The German Health Ministry said it is suspending use of AstraZeneca's coronavirus vaccine amid reports of dangerous blood clots in connection with the shot, stating that the decision was taken as a "precaution" and on the advice of Germany's national vaccine regulator, the Paul Ehrlich Institute, which called for further investigation of the cases. The ministry said the European Medicines Agency would decide "whether and how the new information will affect the authorization of the vaccine," according to various media reports of the ministry's statement.
GMDA

Hot Stocks

10:25 EDT Gamida Cell presents efficacy results from Phase 3 omidubicel study - Gamida Cell Ltd. announced the results of a Phase 3 clinical study of omidubicel presented in an oral session at the Presidential Symposium of the 47th Annual Meeting of the European Society for Blood and Marrow Transplantation. In addition to the Presidential Symposium, the session will be featured in a live panel discussion, "EBMT Talks: Live with the Best Abstracts." This clinical data set, which was also recently presented at the Transplantation & Cellular Therapy Meetings of the American Society of Transplantation and Cellular Therapy and Center for International Blood & Marrow Transplant Research, or the TCT Meetings, was from the international, multi-center, randomized Phase 3 study of omidubicel designed to evaluate the safety and efficacy of omidubicel in patients with high-risk hematologic malignancies undergoing a bone marrow transplant compared to patients who received a standard umbilical cord blood transplant. Gamida Cell previously reported in May 2020 that the study achieved its primary endpoint, showing that omidubicel demonstrated a statistically significant reduction in time to neutrophil engraftment, a measure of how quickly the stem cells a patient receives in a transplant are established and begin to make healthy new cells, and a key milestone in a patient's recovery from a bone marrow transplant. The median time to neutrophil engraftment was 12 days for patients randomized to omidubicel compared to 22 days for the comparator group. All three secondary endpoints demonstrated a statistically significant improvement among patients who were randomized to omidubicel in relation to patients randomized to the comparator group. Platelet engraftment was significantly accelerated with omidubicel, with 55 percent of patients randomized to omidubicel achieving platelet engraftment at day 42, compared to 35 percent for the comparator. The rate of infection was significantly reduced for patients randomized to omidubicel, with the cumulative incidence of first grade 2 or grade 3 bacterial or invasive fungal infection for patients randomized to omidubicel of 37 percent, compared to 57 percent for the comparator. Hospitalization in the first 100 days after transplant was also reduced in patients randomized to omidubicel, with a median number of days alive and out of hospital for patients randomized to omidubicel of 60.5 days, compared to 48.0 days for the comparator. The details of these data were first reported in December 2020.
VCVC

Hot Stocks

10:17 EDT REE Automotive teases announcement coming March 16 - REE shared a YouTube video via Twitter teasing an announcement coming Tuesday, March 16. "The next EV revolution is just around - the Corner Stay tuned," the company said in the tweet. REE announced recently that it is going public via a SPAC merger with 10X Capital Venture Acquisition.Reference Link
BAC

Hot Stocks

10:05 EDT Bank of America reports February net charge-offs 2.56% vs. 2.52% last year - Reports 30-plus day delinquency rate 1.5% vs. 1.55% last month and 1.61% last year.
CPNG

Hot Stocks

10:02 EDT Bill Ackman donates 26.5M shares of Coupang to charity - Bill Ackman said via Twitter: "I was a very fortunate day one investor in .@Coupang. As a result of its incredible success, 26.5m shares of its stock will benefit humanity as I gave all of the shares to @PershingSqFdn, a DAF, and another non-profit. Thank you to Bom and the Coupang team on behalf of all of us!"
RUBY

Hot Stocks

10:01 EDT Rubius Therapeutics trading resumes
KBSF

Hot Stocks

10:01 EDT KBS Fashion board authorizes shareholder rights plan - KBS Fashion Group Limited announced the authorization and declaration of a dividend distribution of one right for each outstanding share of common stock, par value $0.0001 per share, of the Company to stockholders of record as of the close of business on March 31, 2021. Each Right entitles the registered holder to purchase from the Company one 0.00667 portion of a share of Series B Participating Preferred Stock, par value $0.0001 per share, of the Company at an exercise price of $50.00. The complete terms of the Rights are set forth in a Preferred Stock Rights Agreement, dated as of March 11, 2021, between the Company and American Stock Transfer & Trust Company, LLC, as rights agent. The Board of Directors of the Company adopted the Rights Agreement to protect stockholders from coercive or otherwise unfair takeover tactics. In general terms, it works by imposing a significant penalty upon any person or group that acquires 15% or more of the Company's Common Stock without the approval of the Board. As a result, the overall effect of the Rights Agreement and the issuance of the Rights may be to render more difficult or to discourage a merger, tender or exchange offer or other business combination involving the Company that is not approved by the Board. However, neither the Rights Agreement nor the Rights should interfere with any merger, tender or exchange offer or other business combination approved by the Board.
FINV

Hot Stocks

10:00 EDT FinVolution Group falls -11.0% - FinVolution Group is down -11.0%, or -95c to $7.65.
EXTN

Hot Stocks

10:00 EDT Exterran falls -14.1% - Exterran is down -14.1%, or -62c to $3.78.
AMR

Hot Stocks

10:00 EDT Alpha Metallurgical Resources falls -14.7% - Alpha Metallurgical Resources is down -14.7%, or -$2.27 to $13.23.
NGA

Hot Stocks

10:00 EDT Northern Genesis Acquisition rises 19.8% - Northern Genesis Acquisition is up 19.8%, or $3.50 to $21.19.
RENN

Hot Stocks

10:00 EDT Renren rises 21.7% - Renren is up 21.7%, or $1.92 to $10.75.
SJR

Hot Stocks

10:00 EDT Shaw Communications rises 43.0% - Shaw Communications is up 43.0%, or $8.24 to $27.41.
RUBY

Hot Stocks

09:58 EDT Rubius Therapeutics soars 65% to $27.05 after solid tumor trial data
RUBY

Hot Stocks

09:56 EDT Rubius Therapeutics trading halted, volatility trading pause
FINV

Hot Stocks

09:47 EDT FinVolution Group falls -7.2% - FinVolution Group is down -7.2%, or -62c to $7.98.
LLY

Hot Stocks

09:47 EDT Eli Lilly falls -7.6% - Eli Lilly is down -7.6%, or -$15.82 to $192.26.
EXTN

Hot Stocks

09:47 EDT Exterran falls -14.5% - Exterran is down -14.5%, or -64c to $3.76.
SOS

Hot Stocks

09:47 EDT SOS Limited rises 13.6% - SOS Limited is up 13.6%, or 90c to $7.53.
NGA

Hot Stocks

09:47 EDT Northern Genesis Acquisition rises 19.7% - Northern Genesis Acquisition is up 19.7%, or $3.48 to $21.18.
SJR

Hot Stocks

09:47 EDT Shaw Communications rises 41.8% - Shaw Communications is up 41.8%, or $8.01 to $27.18.
RTX

Hot Stocks

09:36 EDT NAV CANADA awards Raytheon UK radar system contract - Raytheon UK, a unit of Raytheon Technologies, will deliver 12 Condor Mk3 next-generation Monopulse Secondary Surveillance Radar systems to NAV CANADA with an option to purchase additional radar systems as part of a 15-year contract. The first radar system will be shipped in March and installed by NAV CANADA in April.
MRNA

Hot Stocks

09:35 EDT Moderna doses first participants for next generation COVID vaccine candidate - Moderna announced that the first participants have been dosed in the Phase 1 study of mRNA-1283, the company's next generation COVID-19 vaccine candidate. The Phase 1 dose-ranging study will assess the safety and immunogenicity of mRNA-1283, a next-generation vaccine candidate against COVID-19. mRNA-1283 encodes for the portions of the SARS-CoV-2 spike protein critical for neutralization, specifically the receptor binding domain and N-terminal domain. The encoded mRNA-1283 antigen is being developed as a potentially refrigerator-stable mRNA vaccine that will facilitate distribution and administration by healthcare providers. This Phase 1 study will evaluate three dose levels, 10 microgram, 30 microgram, and 100 microgram, of the mRNA-1283 vaccine candidate given to healthy adults as a two-dose series, 28 days apart, and one dose level, 100 microgram, of mRNA-1283 given to healthy adults in a single dose.
XOM

Hot Stocks

09:33 EDT Engine No. 1 releases full slate of nominees for Exxon Mobil board - Engine No. 1, which has nominated four independent director candidates to the Exxon Mobil board of directors, released a statement that said in part: "We began this campaign last year by noting that each Board member is 'highly accomplished and respected, including by us,' and that remains true today. However, we believe it is also still true, as we said then, that the Board lacks directors who bring 'a diverse set of experiences in successful, global energy operations and decades of leading value-creating transformations in the industry.' We therefore continue to believe that reenergizing ExxonMobil requires the election of our nominees, each of whom brings substantial yet unique track records of success in energy... Each of our nominees has generated strong returns in energy and has unique experience directly applicable to the array of challenges facing ExxonMobil. Gregory J. Goff is one of the most respected operators in the oil and gas industry and generated a 1,224% return for shareholders as the CEO of Andeavor. Kaisa Hietala helped transform the refining company Neste into the world's largest and most profitable producer of renewable fuel, a business which ExxonMobil has pursued for years without success. Alexander Karsner has decades of conventional and renewable energy experience including with some of the most successful clean tech startups of the last decade, and helps oversee major investments in cutting edge energy projects for Alphabet's X. Anders Runevad generated a 480% return for shareholders as the CEO of Vestas, which has more worldwide installed wind power than any other manufacturer, and is credited with turning the once heavily-indebted Vestas around."
TPTX

Hot Stocks

09:29 EDT Turning Point Therapeutics CFO to resign to pursue another opportunity - In a regulatory filing, Turning Point Therapeutics disclosed that on March 12, Yi Larson notified the company of her intention to resign from her position as Chief Financial Officer, effective March 31, 2021, to pursue another opportunity. Effective as of March 31, 2021, Brian Baker, the company's Senior Vice President, Finance and Administration and principal accounting officer, will act as the company's interim principal financial officer, the company noted.
HON

Hot Stocks

09:29 EDT Honeywell sees FY21 segment margin 20.7%-21.1%
HON

Hot Stocks

09:28 EDT Honeywell sees Q1 segment margin 20.4%-20.9%
ATNI ALSK

Hot Stocks

09:26 EDT ATN International: Alaska Communications shareholders approve acquisition - ATN International, Inc. (ATNI) announced that, based on preliminary voting results of a special meeting of stockholders of Alaska Communications Systems Group, Inc. (ALSK) held on Friday, March 12, 2021, Alaska Communication's stockholders have approved the pending acquisition by ATN of all of Alaska Communications shares. ATN and financial partner Freedom 3 Capital, LLC previously announced the proposed transaction in January 2021 to acquire all the outstanding shares of Alaska Communications common stock for $3.40 per share in cash. The transaction will result in Alaska Communications becoming a privately held company, with ATN to own a majority ownership stake. "Alaska Communications is an excellent fit for ATN. We look forward to entering this market with a provider that has a great reputation and working together with the Alaska Communications team to drive further growth," noted Michael Prior, CEO. The transaction remains subject to regulatory approvals from the Federal Communications Commission and Regulatory Commission of Alaska and other customary closing conditions and is expected to close in the third quarter of 2021.
VINP

Hot Stocks

09:23 EDT Vinci Partners announces R$256M capital raise for new water, sewage strategy - Vinci Partners Investments announced the closing of R$256M in commitments for "Vinci Infraestrutura Agua e Saneamento Fundo de Participacoes em Infraestrutura", or "VIAS", a fund managed by the Vinci Partners Infrastructure segment. "This capital raise marks the beginning of a new strategy in Vinci Partners' Infrastructure segment, focused on investing private capital into the privatization of state-owned companies that provide water and sewage services for the Brazilian population, for which we expect to raise up to R$1.0 billion."
CFB

Hot Stocks

09:22 EDT CrossFirst Bancshares announces CFO David O'Toole retiring - CrossFirst Bankshares announced that David L. O'Toole, Chief Financial Officer, Chief Investment Officer and a founding shareholder/board member, has announced his plan to retire from CrossFirst after nearly 15 years of service. Mr. O'Toole has served in his current roles for his entire time with the Company.
CFB

Hot Stocks

09:22 EDT CrossFirst Bancshares announces CFO David O'Toole retiring - CrossFirst Bankshares announced that David L. O'Toole, Chief Financial Officer, Chief Investment Officer and a founding shareholder/board member, has announced his plan to retire from CrossFirst after nearly 15 years of service. Mr. O'Toole has served in his current roles for his entire time with the Company.
CBAT

Hot Stocks

09:16 EDT CBAK Energy Technology partners with European hydrogen energy group - CBAK Energy Technology announced that it has signed a memorandum of cooperation with a leading European hydrogen energy group with 100 years of operation history to promote the development of hydrogen fuel cells. As part of the Cooperation, both parties will be able to capitalize on each other's competitive advantages in technological innovation and industrial resources as well as exchange ideas on industry development. At the same time, both parties will be able to actively explore more opportunities to collaborate on high-quality projects going forward, including but not limited to such areas as hydrogen fuel cell production, hydrogen fuel cell stack, hydrogen transportation, hydrogen storage, hydrogen refueling stations, and more. The signing of the Cooperation reflects the mutual belief between both parties that it is a win-win arrangement which will help to advance the broader technological and industrial development of society over the long run.
COO

Hot Stocks

09:13 EDT Blend to acquire Title365 from Mr. Cooper Group for approximately $422M - Blend announced it has entered into a definitive agreement with Mr. Cooper Group to acquire Title365, a provider of title insurance and settlement services. Pursuant to the terms of the transaction, Blend will acquire Title365 for approximately $422M, reflecting an enterprise value of $500M, less approximately $31M in adjustments, and reflecting a 9.9% ownership interest retained by Mr. Cooper Group. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close in the second quarter.
TSLA

Hot Stocks

09:13 EDT Tesla transitions Jerome Guillen to President, Heavy Trucking - Effective March 11, Jerome Guillen, President, Automotive, of Tesl transitioned to the role of President, Tesla Heavy Trucking, the company disclosed in a regulatory filing. Since September 2018, Guillen has overseen Tesla's vehicle programs, supply chain and service infrastructure and "contributed to the development of leaders, organizations and processes capable of continuing to direct and operate those functions for our passenger vehicle programs," the company said. It added, "As Tesla prepares to enter the critical heavy trucks market for the first time, Mr. Guillen will now leverage his extensive background in this industry to focus on and lead all aspects of the Tesla Semi program, including the related charging and servicing networks."
IBRX

Hot Stocks

09:12 EDT ImmunityBio meets safety requirements for sublingual Covid vaccine candidate - ImmunityBio announced it has met the safety requirements for the first 12 participants in its Phase Ib human adenovirus, hAd5, -based T-cell COVID-19 vaccine trials in sublingual and oral formulations. The independent Safety Review Committee recommended the study continue with no modifications to the trial design. The trials, which will involve 80 participants, are expected to be fully enrolled in Q2. The two U.S. Phase Ib trials are studying a combination of subcutaneous/ sublingual and subcutaneous/oral formulations of ImmunityBio's hAd5 T-cell COVID-19 vaccine candidate. Six participants have been dosed in each trial to date and the trial is anticipated to be fully enrolled in Q2. Based on the findings of these trials, the optimal combination of administration route and dose will be determined and entered into the Phase II/III design. "We have not seen any serious adverse events in the participants who have received the hAd5 vaccine subcutaneously," said Philip Robinson, M.D., the trial Principal Investigator and Medical Director of Infection Protection at Hoag Memorial Hospital Presbyterian in Newport Beach, California where the vaccine trials are being conducted. "Unlike most of the COVID-19 vaccines currently available, ImmunityBio's hAd5 generates T-cell immunity, which is important for long duration immunity. Based on the results of subcutaneous/oral regimen in the nonhuman primate study where the vaccine provided complete protection against the virus challenge, we are excited to explore with ImmunityBio the potential for the vaccine to provide a T-cell boost to currently available vaccines. I am particularly encouraged by the immune response to the nucleocapsid protein, which may mean this vaccine will remain effective against the many emerging spike protein variants."
TSLA

Hot Stocks

09:11 EDT Elon Musk now 'Technoking' of Tesla, CFO now 'Master of Coin' - Tesla announced in a regulatory filing that effective as of March 15, the titles of Elon Musk and Zach Kirkhorn have changed to "Technoking of Tesla and Master of Coin, respectively." Musk and Kirkhorn will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer, the company added.
DGX

Hot Stocks

09:08 EDT Zora Biosciences signs non-exclusive license agreement with Quest Diagnostics - Zora Biosciences announced it has signed a non-exclusive license agreement with Quest Diagnostics. Quest plans to develop a test service based on Zora's ceramide technology as an aid in identifying patients at risk for cardiovascular-related disease and death, assuming successful test development and favorable market conditions. Research indicates that ceramides, a type of blood lipid, can provide evidence of potential cardiovascular-related death risk in patients with stable coronary heart disease and acute coronary syndrome independent of LDL-cholesterol status. Quest expects to begin to offer the new test service in the United States through its Cardiometabolic Center of Excellence at Cleveland HeartLab as soon as next year.
JBLU

Hot Stocks

09:07 EDT JetBlue sees flown capacity for Q1 down approx. 41% y/y - JetBlue Airways Corporation announced in a regulatory filing an operational and financial update of the business. The company's flown capacity for the first quarter of 2021 is expected to decrease approximately 41% versus the first quarter of 2019, compared to the company's previous planning assumption of a decrease of at least 40%. The company plans to continue to manage and align capacity with demand on a rolling basis. Although booking trends remain choppy, in recent weeks JetBlue has experienced an improvement in bookings by leisure and visiting friends and relatives customers. The Company now expects revenue to decline between 61% and 64% during the first quarter of 2021, year over two. This range compares to the Company's prior planning assumption of a revenue decline between 65% to 70%, year over two. JetBlue continues to believe demand and revenue recovery will be non-linear and cannot reliably predict changes to revenue due to additional COVID-19 related disruptions or other factors. Despite modestly higher fuel prices, the company continues to expect total operating expenses for the first quarter of 2021 to decrease 25% versus the first quarter of 2019. The company now expects EBITDA for the first quarter of 2021 to range between ($490M) - ($540M), better than the prior planning assumption range of ($525M) - ($625M).
MTCH

Hot Stocks

09:07 EDT Match Group partners with Garbo on background checks - Match Group announced that it has made a significant contribution to Garbo, a female-founded, first-of-its-kind, non-profit background check platform. Garbo provides historical information about violence and abuse to empower people to make more informed decisions and choices about their safety. In an industry-first, Match Group will make Garbo's platform accessible to its users in the U.S., integrating on Tinder later this year. The investment will also be used to accelerate Garbo's scale and adoption across technology platforms, seeking to supplement a flawed justice system that has adversely impacted women and marginalized communities.
POSH V

Hot Stocks

09:05 EDT Poshmark names William Ingham as Chief People Officer - Poshmark (POSH) announced the appointment of William Ingham as its first Chief People Officer. In this role, Ingham will be responsible for leading all aspects of the global human resources function, including talent acquisition and retention, rewards and recognition, performance management, organizational development, compensation and benefits, employee training and culture. Ingham brings more than 25 years of experience to the role. Most recently, Ingham was Chief HR Officer at Visa (V) Europe in London where he was responsible for setting the people and talent strategy for employees in 37 countries across Europe.
COOP

Hot Stocks

09:05 EDT Mr. Cooper to sell Title365 to Blend Labs for $500M in cash, retained interest - Mr. Cooper announced the signing of a definitive agreement to sell its title business, which operates under the brand name Title365, to Blend Labs for $500M, consisting of $450M in cash and a retained interest of 9.9%, subject to certain adjustments. The sale is expected to close in Q2, subject to customary conditions including regulatory approval. As part of the transaction, Title365 will retain all cash generated between now and closing for the benefit of the acquirer and as such is not expected to contribute to Mr. Cooper Group's earnings in Q2. Mr. Cooper Group expects to record an after-tax gain of approximately $350M and receive cash proceeds net of transaction costs and cash taxes of approximately $400M upon closing.
PLBC

Hot Stocks

09:04 EDT Plumas Bancorp relocates corporate headquarters to Reno, Nevada - Plumas Bancorp announced the relocation of its corporate office to Reno, Nevada. The move by Plumas Bancorp demonstrates its ongoing commitment to increase services for businesses based in the Northern Nevada region. Plumas Bank first opened a loan production office in Reno in 2006 followed by branches in Reno and Carson City in 2015 and 2018, respectively.
MGP

Hot Stocks

09:04 EDT MGM Growth raises quarterly dividend to 49.5c per share - MGM Growth announced that its board of directors declared a quarterly cash dividend of 49.5c per Class A common share for the first quarter. On an annualized basis, the dividend of $1.98 represents an increase of 3c per share. This is the 12th dividend increase since MGP's initial public offering in April, 2016. The dividend will be payable on April 15 to shareholders of record as of the close of business on March 31.
SFT

Hot Stocks

09:03 EDT Shift names Oded Shein as CFO, replacing Cindy Hanford - Shift announced the appointment of Oded Shein as the company's CFO, responsible for all Finance, Accounting and Business Operations functions. Shein has extensive public company experience in the retail industry. He served as CFO of Stage Stores for seven years and is presently a Board Member and Chair of the Audit Committee at Conn's HomePlus. Shein will be taking over for Cindy Hanford, who will be stepping down after serving as the finance leader at Shift since October 2019.
VRAY CAH

Hot Stocks

09:03 EDT ViewRay announces departure of COO Shahriar Matin - ViewRay (VRAY) announced that Shahriar Matin, COO, will leave the company effective March 31. Matin was named CEO designate of Cordis in its recently announced divestiture from Cardinal Health (CAH) to private equity firm Hellman & Friedman. "I would like to thank Shar for his many contributions to ViewRay and cancer patients. I wish him continued success and hearty congratulations in his new endeavors," said President and CEO Scott Drake. "We have been working closely with Shar to prepare for his departure since last summer when we modified his separation agreement. Given the strength of our team, we are not backfilling the COO role."
ADMP

Hot Stocks

09:02 EDT Adamis Pharmaceuticals: Tempol reduced lung inflammation in hamster model - Adamis Pharmaceuticals announced that in studies conducted at Galveston National Laboratory, University of Texas Medical Branch at Galveston, hamsters challenged with the virus that causes COVID-19, resulted in decreased inflammation in the lungs of animals treated with Tempol compared to controls. This is the first data demonstrating that Tempol, a novel antioxidant, can reduce inflammation in animals given the virus that causes COVID-19. The group plans on submitting the publication to a peer review journal. Dr. Chien-Te Kent Tseng, Professor of the Department of Microbiology and Immunology and Director of GNL's SARS/MERS/COVID-19 Laboratory at UTMB, commented on these results: "In our hamster COVID-19 model, pulmonary inflammation with cellular infiltrates and hemorrhage is triggered by SARS-CoV-2 infection. Treatment with Tempol reduces the overall inflammatory responses and appears to start repairing damaged lungs." These results are also consistent with the results that the company announced regarding in-vitro cytokine data from Stanford University. The results demonstrated that incubation of Tempol significantly suppresses multiple inflammatory cytokines from cells taken from COVID-19 patients.
FBNC

Hot Stocks

09:01 EDT First Bancorp raises quarterly dividend to 20c from 18c per share - Payable on April 25 to shareholders of record as of March 31.
ALSK ATNI

Hot Stocks

09:00 EDT Alaska Communications stockholders approve merger pact with ATN International - Alaska Communications Systems Group (ALSK) announced that, based on the preliminary voting results from a special meeting of stockholders held on Friday, March 12, Alaska Communications' stockholders have approved the adoption of the previously announced merger agreement relating to the proposed transaction between Alaska Communications and a newly formed entity created by ATN International, Inc. (ATNI) and ATN's financial partner Freedom 3 Capital, whereby Alaska Communications will become a consolidated, majority owned and operated subsidiary of ATN. After certification by the inspector of elections, the final voting results will be filed with the U.S. Securities and Exchange Commission in a Form 8-K, which will also be available at www.sec.gov. Approval by Alaska Communications' stockholders is a condition to closing of the merger. Consummation of the merger remains subject to receipt of certain regulatory approvals and certain other customary closing conditions set forth in the merger agreement. The merger is expected to close in the third quarter of 2021.
AXTA

Hot Stocks

08:54 EDT Axalta Coating to acquire Anhui Shengran Insulating Materials Co. - Axalta announced that it has entered into a definitive agreement to acquire Anhui Shengran Insulating Materials Co., a Chinese producer of high-quality wire enamels used in a wide range of consumer electronics, electric vehicle, and industrial applications. The transaction is expected to close in the second quarter, subject to customary closing conditions. Financial terms have not been disclosed.
ITRI

Hot Stocks

08:53 EDT Welsh utility signs contract with Itron to improve water data management - Itron announced that it signed a contract to deploy Temetra, Itron's intelligent cloud-based mobile meter management solution, for Dr Cymru Welsh Water to improve water data management and automate meter reading. With Itron's solution, the utility will be equipped to efficiently read its 750,000 meters across the country of Wales in the United Kingdom. Providing water to 3 million customers, Dr Cymru will take advantage of Itron's Temetra solution to automate meter reading using both automated and manual meter data collection methods. With Temetra, the utility will improve meter reading efficiency with map-assisted meter reading on mobile devices; collect and upload data in real time; and securely store and manage data in the cloud. "At Itron, we are committed to providing modern water solutions to help utilities gain actionable understanding of water metering and use, water distribution, water leakage and more," said Don Reeves, senior vice president of Outcomes at Itron. "With our next-generation Temetra solution, Dr Cymru Welsh Water will be able to optimize its operations and improve customer engagement to make every drop of water count."
CNC MGLN

Hot Stocks

08:52 EDT Centene announces expiration of HSR with respect to acquisition of Magellan Health - Centene (CNC) has announced that as of 11:59 p.m. on March 12th, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the company's proposed acquisition of Magellan Health (MGLN) has expired. The transaction is expected to close in the second half of 2021 and is subject to receipt of required state regulatory approvals, the approval of the definitive merger agreement by Magellan Health's stockholders and other customary closing conditions.
IQ

Hot Stocks

08:50 EDT iQIYI, Clover Films announce collaboration for four upcoming film productions - iQIYI is pleased to announce a collaboration with Clover Films to co-produce four upcoming movies. This marks the first collaboration between the two companies in content creation and will be an important foray by Singapore media companies into the China entertainment market. Clover Films will be handling international distribution rights for the slate of movies while iQIYI will be handling distribution for the movies in China. The four movies, to be shot primarily in Mandarin, will be helmed respectively by prominent Singapore directors Kelvin Tong, Melvin Mak, Ong Kuo Sin & Tay Ping Hui.
RIOT

Hot Stocks

08:49 EDT Riot Blockchain produced 302 newly mined BTC during Q4 - Riot Blockchain announces an operations update that includes unaudited bitcoin production update through February 2021 and updated miner acquisition and delivery activity. The company produced 302 newly mined BTC during Q4 2020 and 1,005 newly minted BTC during the year ended December 31, 2020. January 2021 - the Company produced 125 newly mined BTC, an increase of 23% over December 2020 production. February 2021 - the Company produced 179 newly mined BTC, an increase of 43% over January 2021 production.
SGLB LMT

Hot Stocks

08:48 EDT Sigma Labs awarded PrintRite3D contract by Lockheed Martin - Sigma Labs (SGLB) has been awarded a contract for an initial system of its PrintRite3D in-process quality assurance solution by Lockheed Martin Space Additive Design & Manufacturing Center (LMT) based in Sunnyvale, California. The Additive Design & Manufacturing Center supports the entire Space portfolio and integrates key materials research and manufacturing processes to streamline the affordable delivery of satellite components.
KNDI

Hot Stocks

08:47 EDT Kandi Technologies exits Geely affiliation - Kandi Technologies Group announced that it exited its position in Fengsheng Automotive Technologies Group Co. To formalize the exit, Kandi's wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. completed an Equity Transfer Agreement with Geely, in which Kandi's 22% equity interest in Fengsheng was transferred to Geely in exchange for RMB 308 million, or approximately $47.3 million, in cash. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi, commented, "Since Geely took control of Fengsheng, it experienced large losses for a variety of reasons. To eliminate the impact of these losses on Kandi, our senior management-- authorized by the Board of Directors-- decided to transfer our ownership position to Geely. After friendly negotiations, the terms of the transfer were agreed upon and approved by the Zhejiang Provincial Administration for Market Regulation." Hu continued, "By exiting the Fengsheng partnership, Kandi is no longer bound by the associated non-compete provisions. We are now free to more aggressively pursue the burgeoning electric vehicle opportunity in China."
LPLA

Hot Stocks

08:42 EDT LPL Financial says Monteverde Group joins broker-dealer platform - LPL Financial LLC announced that The Monteverde Group has joined LPL Financial's broker-dealer, corporate registered investment advisor and custodial platforms. The team of eight advisors reported having served approximately $440 million in advisory, brokerage and retirement plan assets. They join LPL from Royal Alliance, part of the Advisor Group network of broker-dealers.
WOR LXFR

Hot Stocks

08:41 EDT Worthington divests structural composites industries facility to Luxfer - Worthington Industries (WOR) announced that it sold its Structural Composites Industries facility in Pomona, Calf., to Luxfer Holdings PLC (LXFR). Following the divestiture of the unprofitable operation, Worthington will continue to focus its investments and attention on the growing sustainable mobility markets in Europe and Asia where strict, mandated emissions reductions are accelerating growth in hydrogen and compressed natural gas. The company will also continue to supply Self-Contained Breathing Apparatus cylinders for firefighters and first responders from its European locations to customers in Europe and Asia.
LXFR WOR

Hot Stocks

08:39 EDT Luxfer acquires SCI business of Worthington for $20M in cash, sees accretion - Luxfer (LXFR) announced it has acquired the Structural Composites Industries, or SCI, business of Worthington (WOR) for $20M in cash. The company said SCI strengthens Luxfer's composite cylinder offering and aligns with recent investments to enhance its alternative fuel capabilities to capitalize on the growing compressed natural gas, or CNG, and hydrogen opportunities. The SCI team will join the Luxfer Gas Cylinder's team located in Riverside, California. SCI will become an part of Luxfer's Gas Cylinders and all SCI products will transition to the Luxfer brand name. The acquisition is expected to be accretive to adjusted EPS in 2022 with significant cost and revenue synergies. SCI will be part of Luxfer Gas Cylinders business unit headquartered with its largest manufacturing facility in Riverside, California, about 25 miles from SCI's Pomona operations. Luxfer expects to generate significant cost synergies and growth opportunities within the first three years.
INT

Hot Stocks

08:38 EDT World Fuel Services boosts dividend to 12c per share - World Fuel Services announced that its board of directors has approved a 20% increase to its quarterly cash dividend to 12c per share, which will be payable on April 9 to shareholders of record on March 26, 2021. "We are committed to returning capital to our shareholders, while maintaining the financial flexibility to invest in organic and strategic opportunities that drive sustained growth over the long-term," stated Ira M. Birns, executive vice president and chief financial officer of World Fuel Services Corporation. "This dividend increase reflects our confidence in the future growth potential of our company."
ODP

Hot Stocks

08:36 EDT ODP Corporation rejects proposal from Sycamore to acquire various ODP assets - The Board of Directors of The ODP Corporation responded to and rejected unanimously a proposal from USR Parent. the Sycamore-affiliated owner of Staples to acquire various ODP assets. Staples' proposal was contained in a letter dated March 10, from Stefan Kaluzny, Managing Director of Sycamore Partners and a Member of the Board of Directors of USR Parent and accompanied by a letter of intent by which Staples proposed that the parties would announce the contemplated sale of various ODP assets to Staples and would commit to seek regulatory approval for such transaction. The ODP Board carefully reviewed the letter and the LOI in consultation with its financial and legal advisors, and determined that ODP, in the best interest of its shareholders, cannot agree to the proposal. The Board noted in its response that Staples did not provide a valuation of the assets that Staples sought to acquire, which include certain B2B businesses of ODP. The Board further noted that the LOI, which contemplated a binding commitment to seek regulatory approval, also did not include any obligation on the part of Sycamore or Staples to proceed with the transaction, agree to a purchase price, or assume any related regulatory risk. ODP reiterated that, as it has previously stated -- including in its letter to Staples dated January 19, 2021 -- the Company is open to combining its retail and consumer-facing ecommerce operations with Staples under the right set of circumstances and on mutually acceptable terms, including in the form of a joint venture or potential sale of such assets by ODP. ODP encouraged Staples once again to engage on the basis of that approach.
ZKIN

Hot Stocks

08:35 EDT ZK International Group subsidiary launches NFT platform - ZK International Group is pleased to announce that, xSigma Corporation, a subsidiary of the company and a blockchain R&D lab, announces that it will be launching its newest project that will allow it to participate in the projected $1.3B growing industry in 2021 of Non-Fungible Tokens. The new platform being developed by the developing team at xSigma labs will be an NFT marketplace, which will allow users in the community to buy and sell NFTs, as well as to create their own custom NFTs in a few clicks. xSigma plans to use multiple blockchains behind the platform, such as Ethereum and Polkadot. xSigma plans to attract various artists and talents on an exclusive basis to its platform. Previously, xSigma was able to attract NBA Champion Dwight Howard, to endorse its DeFi project and it hopes that the new marketplace will be able to attract similar celebrities to its new NFT Platform. The NFT Platform will be the fourth project in xSigma's ecosystem of blockchain products to be implemented and launched later this year. Currently, xSigma's DeFi project was launched in February and successfully reached $100M of Total Value Locked in the first week.
ALGN SDC

Hot Stocks

08:33 EDT Arbitrator requires SDC to pay Align Technology an additional $45.5M - Align Technology (ALGN) announced the favorable outcome of a binding arbitration for the claims it asserted against SDC Financial, LLC, SmileDirectClub (SDC) LLC, David Katzman, David Katzman Revocable Trust, and David Katzman 2009 Family Trust relating to the valuation of Align's membership interest in SDC Financial LLC. "We are pleased with the arbitrator's March 12, 2021 final award in favor of Align, and against SDC, directing SDC to pay Align an additional $45.5 million for a total of $99.7 million," said John Morici, Align Technology CFO. "The first quarter continues to be very strong with increasing momentum for Invisalign Clear Aligners and iTero Systems and Services across products and customer channels worldwide, reflecting the strength of our doctor-directed model and the Align Digital Platform - which provides technology, innovation, digital tools and services to over 200,000 orthodontists, dentists and labs around the world." As previously disclosed, on March 4, 2019 an arbitrator ordered Align to tender its SDC Financial, LLC membership interest for a purchase price equal to the capital account balance as of October 31, 2017 to be determined in accordance with Align's operating agreements with the SDC entities. On July 3, 2019, Align filed a confidential demand for arbitration challenging the propriety of the SDC entities' determination of the capital account balance as of October 31, 2017. In the final award, the arbitrator found in favor of Align and against SDC and determined the value of the capital account balance to be $97.6 million, offset by the $54.2 million paid over the last two years to Align for the capital account. The arbitrator directed SDC to pay the difference of $43.4 million plus interest of $2.1 million, and additional interest of approximately $3,000 per day beginning on March 13, 2021 until payment is made in full or a different rate applies by operation of law. Align has requested the American Arbitration Association to identify March 31, 2021 as the deadline for SDC's payment of the $45.5 million, consistent with the schedule prescribed by the operating agreements, which requires SDC's payment for redemption of Align's membership interests to be made in full on or before March 31, 2021. While Align believes that based on the operating agreements SDC should make the $45.5 million payment on or before March 31, 2021, it is unclear whether SDC will do so in the absence of a stated deadline in the final award.
INVO

Hot Stocks

08:33 EDT INVO Bioscience to open first joint venture INVO-exclusive clinic in U.S. - INVO Bioscience announced the signing of a 50/50 joint venture agreement in partnership with reproductive specialists Dr. Nicholas Cataldo, MD, MPH, Dr. Karen R. Hammond, DNP, CRNP, and Lisa Ray, MS, ELD, to open the first Joint Venture INVO-exclusive clinic in the United States. The INVO clinic will be located in Birmingham, Alabama and is expected to be operational in the second half of 2021.
AEGN

Hot Stocks

08:32 EDT Aegion reports amended merger agreement with increased consideration of $27/shr - Aegion Corporation announced that it has entered into an amendment to the definitive merger agreement with affiliates of New Mountain Capital, L.L.C., a growth-oriented investment firm headquartered in New York, to increase the consideration payable to holders of outstanding shares of Aegion common stock to $27.00 per share in cash from $26.00 per share in cash. The revised transaction price represents a total enterprise value of $995 million, including net debt. The revised per-share price represents a premium of 25.9% and 33.2% to Aegion's closing share price and 30-day VWAP, respectively, as of February 12, 2021, the last trading day prior to announcing the definitive merger agreement with New Mountain. The amendment, which was unanimously approved by Aegion's Board of Directors, was negotiated between Aegion and the Buyer following the receipt by Aegion of an unsolicited, non-binding proposal from a third party to acquire all outstanding shares of Aegion common stock. Additionally, the Aegion Board of Directors, in consultation with its outside legal and financial advisors, determined that the third-party proposal was not, and could not reasonably be expected to result in, a "superior proposal" to the amended agreement with New Mountain. In the amendment, as consideration for the increased purchase price, the break-up fee payable by Aegion in certain circumstances has increased from $30 million to $40 million. Further, the termination fee payable by Buyer to Aegion in certain circumstances has also increased from $60 million to $70 million. The transaction remains subject to Aegion stockholder approval, regulatory approvals and other customary closing conditions and is expected to close in the second quarter of 2021. Aegion will schedule a Special Meeting of Stockholders to consider and vote on the proposed merger and amended merger agreement as soon as it is able to do so, and in doing so, intends to recommend that Aegion stockholders approve the proposed merger and amended merger agreement. Upon completion of the transaction, Aegion will become a privately held company and shares of Aegion common stock will no longer be listed on any public market.
EVRI

Hot Stocks

08:31 EDT Everi Holdings appoints Kate Lowenhar-Fisher CLO, general counsel - Everi Holdings announced the appointment of Kate C. Lowenhar-Fisher as Executive Vice President, Chief Legal Officer - General Counsel, and Corporate Secretary, effective March 22, 2021, subject to customary regulatory approvals. Lowenhar-Fisher will have responsibility for the company's legal and regulatory compliance affairs and will report to Everi's CEO, Michael Rumbolz. She most recently served as an Equity Member in the Las Vegas office of Dickinson Wright PLLC, where she chaired the firm's Gaming & Hospitality Practice Group.
FICO

Hot Stocks

08:31 EDT Fair Isaac announces new $500M stock repurchase program - Fair Isaac announced that its Board of Directors has approved a stock repurchase program to acquire up to $500M of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from July 2020 through March 2021. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.
STAY

Hot Stocks

08:30 EDT Extended Stay America trading resumes
GNMK RHHBY

Hot Stocks

08:27 EDT Roche to acquire GenMark Diagnostics for $24.05 per share in cash - Earlier, Roche (RHHBY) and GenMark Diagnostics (GNMK) announced that they have entered into a definitive merger agreement for Roche to fully acquire GenMark at a price of $24.05 per share in an all-cash transaction. This corresponds to a total transaction value of approximately $1.8B on a fully diluted basis. This price represents a premium of approximately 43% to GenMark's unaffected closing share price on February 10, the last trading day before a media report was published speculating about a potential sale process. The merger agreement has been unanimously approved by the boards of directors of GenMark and Roche. Once the acquisition is completed, GenMark's principal operations will continue at its current location in Carlsbad, California, USA. Under the terms of the merger agreement, Roche will promptly commence a tender offer to acquire all outstanding shares of GenMark's common stock, and GenMark will file a recommendation statement containing the unanimous recommendation of the GenMark board that GenMark stockholders tender their shares to Roche. "GenMark's syndromic panel testing portfolio will complement Roche's current molecular diagnostics portfolio and the Roche global network will enable expanded reach for GenMark's products. GenMark's ePlex system drives lab efficiency through streamlined order-to-reporting workflow and enables better patient outcomes by rapidly diagnosing a patient's symptoms. Infectious diseases are a leading cause of death globally, and earlier detection of the cause of an infection has been shown to improve patient outcomes and improve key hospital initiatives such as antibiotic stewardship and length of stay," the company said.
MAR BAH

Hot Stocks

08:26 EDT Marriott appoints David Marriott, Horacio Rozanski to board - Marriott International's (MAR) Board of Directors announced it has elected David Marriott, President, U.S. Full Service Managed by Marriott at Marriott International, and Horacio Rozanski, President and CEO at Booz Allen Hamilton (BAH), as directors of the company, effective March 15. Marriott and Rozanski will also be included in the company's slate of nominees for election at Marriott's upcoming 2021 Annual Meeting of Stockholders.
AEZS

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08:20 EDT Aeterna Zentaris announces exclusive COVID license pact with Julius-Maximilians - Aeterna Zentaris announced that the company exercised its option announced on February 2, 2021 and has entered into an exclusive worldwide sub-licensable patent and know-how license agreement for a potential COVID-19 vaccine currently in preclinical development that was invented at the Julius-Maximilians-University Wuerzburg. Additionally, the company has entered into a research agreement with the University to conduct supplementary research activities and preclinical development studies on the potential vaccine. The vaccine technology developed at the University uses the approved typhoid fever vaccine Salmonella Typhi Ty21a as a carrier strain and has the potential to be an orally active, live-attenuated bacterial vaccine to prevent SARS-CoV-2 infection leading to COVID-19, the company stated. Dr. Klaus Paulini, CEO of Aeterna Zentaris, said, "We look forward to advancing our scientific collaboration with Prof. Rudel and his group at the University. Aeterna plans to select from a set of vaccine candidates to perform further in vitro and in vivo characterization before selecting the most active and stable bacterial strain for further preclinical and potentially clinical development. The goal is to develop an oral dosage form of COVID-19 vaccine which is also active against mutated viruses that can be stored in a common fridge and manufactured with relatively low costs of goods."
SLGG

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08:19 EDT Super League Gaming, World Golf Tour by Topgolf extend esports partnership - Super League Gaming announced the continuation of their existing partnership with Topgolf Entertainment Group to broadcast a series of World Golf Tour by Topgolf competitive events. These events, streamed live across digital platforms, bring together avid golf fans, celebrities and professional athletes, the company said in a statement.
NOK AMZN

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08:19 EDT Nokia announces agreement with AWS for cloud-based 5G radio solutions - Nokia (NOK) announced that it has signed an agreement with Amazon Web Services (AMZN) to "research and enable Cloud RAN and Open RAN technologies to support the development of new customer-focused 5G solutions. The collaboration, which will be conducted at Nokia's facilities, aims to develop innovative proof of concepts to explore and enable Cloud RAN and related technologies, the company said in a statement. Nokia is pursuing a strategy of collaborating with AWS to extend the reach of its Cloud RAN technologies in support of 5G deployments and the development of new use cases, it added. The initiative will see engineering teams from both companies research how the combination of Nokia's Radio Access Network, Open RAN, Cloud RAN and edge solutions can operate with AWS Outposts.
LIFE

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08:18 EDT aTyr says data show 'first-in-patient mechanistic proof-of-concept' for ATYR1923 - aTyr Pharma, announced biomarker results from its Phase 2 double-blind, placebo-controlled clinical trial of its lead therapeutic candidate, ATYR1923, in hospitalized COVID-19 patients with severe respiratory complications receiving standard of care, including remdesivir and/or dexamethasone, who did not require mechanical ventilation. Patients treated with ATYR1923 demonstrated a trend of overall improvement in key biomarkers analyzed compared to placebo. In particular, patients treated with ATYR1923 had greater reduction in levels of several inflammatory cytokines and chemokines, including interferon gamma, interleukin-6 and monocyte chemoattractant protein 1. Furthermore, patients treated with ATYR1923 also had a statistically significant reduction in levels of serum amyloid A, a marker of inflammation and fibrosis that has implications in sarcoidosis, the company said. "We are very pleased with these findings, which provide the first mechanistic proof-of-concept for ATYR1923 in patients and demonstrate that ATYR1923 is impacting inflammation in patients consistent with what we have seen preclinically. Notably, the cytokines that we saw reduced to the greatest extent as a result of ATYR1923 treatment in these COVID-19 patients are the same cytokines we have seen ATYR1923 downregulate in our animal models. We also saw an impact on SAA, a biomarker that is associated with disease progression in sarcoidosis, a highly inflammatory form of interstitial lung disease and the lead indication in which ATYR1923 is being evaluated. These findings further support our understanding of ATYR1923's anti-inflammatory mechanism of action," said Sanjay S. Shukla, M.D., M.S., President and CEO of aTyr.
G

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08:17 EDT Genpact awarded two U.S. patents for business transformation frameworks - Genpact announced that the United States Patent and Trademark Office has awarded the company two patents for business transformation frameworks: the first for Genpact ProcIndex, a diagnostic tool that uses smart analytics and automation to measure process health, and a second for its Intelligent Automation Index, designed to drive greater value from digital investments by identifying where automation will have its biggest potential. Both Genpact patents allow companies to generate insights at speed to deliver strategic business outcomes.
HSTO

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08:16 EDT Histogen reports removal of clinical hold by FDA for HST-003 IND - Histogen announced that the U.S. Food and Drug Administration has confirmed that the company satisfactorily addressed all clinical hold questions and can proceed with initiation of the planned Phase 1/2 clinical trial of HST-003 to evaluate the safety and efficacy of human extracellular matrix (mplanted within microfracture interstices and the cartilage defect in the knee to regenerate hyaline cartilage in combination with a microfracture procedure. It is anticipated that clinical sites participating in the trial will include: OasisMD in San Diego, CA, The Steadman Clinic in Vail, CO and Walter Reed Medical Center in Bethesda, MD. "We are pleased to have been able to provide the FDA with a comprehensive response resulting in the removal of the clinical hold so we can initiate development of this important potential treatment," said Richard W. Pascoe, Histogen's President and CEO. "We anticipate initiating the Phase 1/2 trial in the second quarter of 2021 utilizing funding provided by the $2M grant from the Department of Defense."
AWH

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08:14 EDT Aspira Women's Health: NYS Medicaid considers OVA1 medically necessary - Aspira Women's Health announced its wholly owned subsidiary, Aspira Labs, is now credentialed with New York State's Medicaid program for an estimated additional 6.5 million Medicaid lives. NY State Medicaid will begin to cover Aspira's OVA1 test effective April 1, 2021. The addition of 6.5M NY State Medicaid lives will also increase the total coverage for OVA1 testing to 179M nationwide, the company said in a statement.
EQ

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08:12 EDT Equillium reports 'positive' data for itolizumab in aGVHD - Equillium announced "positive" data supporting the role of itolizumab as a potential treatment for acute graft-versus-host disease. The data, presented on-demand at the virtual 47th Annual Meeting of the European Society for Blood and Marrow Transplantation, confirms that a majority of patients in the EQUATE study achieved a complete response within 15 days, which was maintained through day 85. Importantly, there was a clinically meaningful reduction in corticosteroid use in these patients. Data was also presented showing that itolizumab inhibited pathogenic T cell proliferation. "The high rate of complete responses coupled with adverse events consistent with those observed in high-risk acute GVHD, suggests itolizumab may be a very promising treatment for these patients," said Dr. John Koreth, Associate Professor of Medicine, Harvard Medical School. "It's important that we consider how sick these patients are when they present with acute GVHD, and the very limited treatment options that are available. The rapidity of efficacy onset, durability of response and concomitant steroid reduction supports itolizumab's potential as a first-line treatment and is very meaningful to physicians looking for treatment options, and patients suffering from this life-threatening condition." "The translational work presented in this oral presentation characterizes CD6 expression levels and demonstrates the suppressive effect of itolizumab on the activity of CD4 and CD8 T cells from transplant patients with acute GVHD," said Jerome Ritz, M.D., executive director of the Connell and O'Reilly Families Cell Manipulation Core Facility at Dana-Farber Cancer Institute and professor of medicine at Harvard Medical School. "The growing critical mass of data underscores the important role of the CD6-ALCAM pathway in modulating effector T cell function and provides further validation for the use of itolizumab and the targeting of CD6 in aGVHD."
EDSA

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08:12 EDT Edesa Biotech completes over 50% enrollment for EB05 study - Edesa Biotech announced that it has completed enrollment of more than 50% of the patients planned for the Phase 2 portion of its ongoing Phase 2/Phase 3 clinical study evaluating the company's EB05 drug candidate as a single-dose treatment for hospitalized COVID-19 patients with or at risk of developing Acute Respiratory Distress Syndrome, or ARDS, - the leading cause of death in COVID-19 patients. The company reported that more than 160 of the expected 316 subjects in the Phase 2 portion of the study have been randomized and dosed with either EB05 or placebo. The patients were treated at hospital sites across Canada, the United States and Colombia. In preparation for the potential Phase 3 portion of the study, the company plans to activate approximately 20 additional hospital sites in the next two months.
SSKN

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08:11 EDT Strata Skin Sciences announces study publication on treatment of XTRAC laser - STRATA Skin Sciences announced the publication of an independent study on the treatment of vitiligo using the Company's XTRAC excimer laser. The study was conducted by a team of dermatologists in Japan and was approved by the Ethics Committee of Kansai Medical University Kori Hospital. The results of the study were published in the November 2020 issue of the Journal of The European Academy of Dermatology and Venereology. The study results demonstrated that patients with refractory vitiligo achieved satisfactory repigmentation in five treatments, including those who were previously unresponsive to conventional treatments such as topical steroids, excimer light and narrowband UVB light. These patients were treated under a minimal blistering dose protocol using the XTRAC excimer laser, which provided better therapeutic effects with fewer treatments as compared to other UVB phototherapies. The study attributed better patient outcomes to XTRAC's higher irradiation rate as compared to other available UVB phototherapies. In addition, the XTRAC treatments were well tolerated, and the use of a minimal blistering dose was shown to potentially reduce the number of treatment sessions required, thereby lessening the burden on patients and medical staff.
TWST

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08:11 EDT Twist Bioscience starts shipping new synthetic RNA reference controls - Twist Bioscience announced that it has started shipping its new synthetic RNA reference controls, which include the new variant strains of SARS-CoV-2 B.1.351 and P.1, that have emerged in South Africa and Brazil, respectively. In addition, Twist began shipping synthetic RNA controls that cover the B.1.1.7 strain of SARS-CoV-2 in a stabilized format that can be shipped and stored at room temperature. "The launch of the additional controls demonstrates Twist's continued commitment to the global scientific community as they develop improved tools to identify, monitor and track the evolution of COVID-19," said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. "The number of vaccinated individuals continues to grow exponentially, providing hope that we are making progress in fighting the pandemic and yet it is critically important that we remain vigilant in surveillance of escape mutations that could cause that trend to reverse."
RBBN

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08:10 EDT Ribbon Communications upgrades Cinia's transport network - Ribbon Communications announced that its Apollo OTN Transport and Switching platforms have been selected to upgrade Cinia's backbone transport network in Finland and Northern Europe, with key features including high capacity, low latency and resilience.
NOK MSFT

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08:10 EDT Nokia partners with Microsoft on cloud solutions for enterprise - Nokia (NOK) announced an agreement with Microsoft (MSFT) to develop new market-ready 4G and 5G private wireless use cases designed for enterprises. The collaboration will combine Nokia's Cloud RAN technologies with Microsoft Azure cloud-based services and developer ecosystem to drive end-user functionality via new business cases. The initiative supports Nokia's strategy of partnering with best-in-class public cloud providers to drive end-user business outcomes essential for monetizing 4G/5G deployments.
TDY BA

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08:10 EDT Teledyne obtains FAA certification for ACES installation on Boeing 737 - Teledyne (TDY) has obtained FAA Supplemental Type Certification, or STC, approval for installation of its new aircraft cabin environment sensor, or ACES, on Boeing (BA) 737 aircraft. ACES is a complete and autonomous solution based on sensors and technologies in Teledyne's environmental monitoring businesses that enables air transport operators to monitor and measure air quality in the cabin and flight deck. Certification for other aircraft types is in progress.
BCOR

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08:09 EDT Blucora highlights strength of current board in letter to shareholders - Blucora announced that it will be mailing a letter to its stockholders in connection with the Company's upcoming 2021 annual meeting of stockholders, scheduled to be held on April 21, 2021. Blucora's Board of Directors unanimously recommends that stockholders vote "FOR" ALL of Blucora's highly qualified director candidates on the BLUE proxy card. The letter to stockholders from Blucora's Board highlights the Company's implementation of a strategic transformation that is achieving strong momentum and already delivering measurable results.
URGN

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08:07 EDT UroGen Pharma enters immunotherapy research agreement with Johns Hopkins - UroGen Pharma announced a strategic, exploratory immunotherapy sponsored research agreement with the Johns Hopkins University to study the potential of checkpoint inhibitors combined with RTGel in glioblastoma multiforme, or GBM, an aggressive and difficult to treat brain cancer. Johns Hopkins researchers expect to begin nonclinical research of RTGel combined with a PD-1 and a CTLA-4, respectively, in Q2. UroGen's proprietary RTGel technology is a reverse-thermal hydrogel that may increase dwell time of current therapies and exposure of active drugs, potentially improving the therapeutic effects of existing products. The goal of this research is to further understand the efficacy of local delivery of immunotherapy to tumor draining lymph nodes, where anti-tumor T cells are primed by antigen presenting cells. Based on research at the Johns Hopkins University, sustained release of immunotherapy such as anti-PD-1 delivered directly to the lymph nodes, may target myeloid cells and T cells with PD-1 expression to enhance proliferation and anti-tumor activity of T cells. Successful use of lymph-node targeting therapies may reduce the toxicities associated with systemic administration of immunotherapy.
AMT DISH

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08:07 EDT American Tower, Dish in master lease pact for up to 20,000 sites - American Tower (AMT) and DISH Network (DISH) announced that they have entered into a master lease agreement through which DISH may lease space on up to 20,000 American Tower communications sites. Through the agreement, DISH will secure access to American Tower's extensive U.S. portfolio of communications sites as it deploys its new nationwide 5G network, and American Tower will enhance its long-term U.S. organic growth trajectory. Dave Mayo, DISH's Executive Vice President of Network Development said, "With the American Tower agreement, DISH now has the complete, robust infrastructure portfolio we need to support our nationwide 5G network deployment. Our team has already developed colocation plans for American Tower sites across the country to bring a new generation of connectivity to Americans." Steve Vondran, American Tower's Executive Vice President and President, U.S. Tower Division stated, "We look forward to this agreement evolving into a long-term, mutually beneficial strategic partnership. We believe that our nationwide portfolio of communications sites is optimally positioned to continue to serve as the backbone of today's critical mobile broadband networks while assuring a meaningful share of new leasing activity in the marketplace." Under the agreement, cash lease payments from DISH to American Tower will commence in 2022 and grow over time as DISH's network deployment progresses. In addition, DISH may lease shared generators from American Tower on select sites and will have the ability to utilize American Tower's zoning, permitting and other pre-construction services.
HRMY

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08:06 EDT Harmony Biosciences names Sandip Kapadia as CFO - Harmony Biosciences announced the appointment of Sandip Kapadia as CFO effective March 29. Kapadia is an accomplished executive with more than two decades of operational experience in leading finance operations, supporting commercialization, raising capital and providing strategic guidance within the healthcare sector. Most recently, he served as the CFO at Intercept.
STAY BX

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08:06 EDT Extended Stay to be acquired by Blackstone, Starwood in deal valued at $6B
STAY BX

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08:05 EDT Extended Stay America to be acquired by Blackstone, Starwood for $19.50/share - Extended Stay America, and its paired-share REIT, ESH Hospitality, Inc. (STAY), announced that it has signed a definitive agreement to be acquired by a 50/50 joint venture between funds managed by Blackstone Real Estate Partners (BX) and Starwood Capital Group for $19.50 per paired share in an all-cash transaction valued at approximately $6 billion. The $19.50 per paired share consideration represents a premium of 23.3% over the 30-day volume-weighted average share price ending March 12, 2021 and a premium of 15.1% over the closing stock price on March 12, 2021. Doug Geoga, Chairman of the Boards of the Company said, "After a thorough review of the Company's business plan, the Boards concluded that the immediate cash premium offered by this transaction is compelling for stockholders. We are delighted with this outcome." The transaction has been unanimously approved by ESA's Board of Directors and has also been approved by ESH's Board of Directors. Completion of the transaction, which is expected to occur in the second quarter of 2021, is contingent upon customary closing conditions, including approval of the Company's stockholders. The transaction is not contingent on receipt of financing. In connection with the transaction, an affiliate of Starwood Capital, which owns approximately 9.4% of Company's outstanding paired shares, has entered into a support agreement whereby it has agreed to vote its shares in favor of the transaction. The Company does not expect to pay its regular quarterly distribution during the pendency of the transaction except for the previously declared $0.09 distribution on March 26, 2021. However, under the terms of the merger agreement, the acquiror may request that ESA pay a special distribution immediately prior to the closing of up to $1.75 per paired share, in which case the cash consideration paid in the merger will be reduced by the amount of the distribution.
UNVR

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08:05 EDT Univar, Novozymes to expand the existing partnership - Univar Solutions and Novozymes announced an agreement, effective April 1, to expand the existing partnership into the U.S. and Canadian homecare, industrial cleaning, and beverages markets. The ongoing and expanding relationship between the two companies demonstrates a shared commitment to providing customers with a portfolio of ingredients designed to help improve product performance and enable solutions that have the potential to bring more sustainable products to the homecare, industrial cleaning and beverages markets through better performing formulations. The exclusive distribution agreement builds upon the companies' existing partnership in Europe. Industrial enzymes and microorganisms help customers more efficiently use raw materials, reduce energy consumption and potentially replace traditional chemicals with more sustainable alternatives for a more diverse product offering. Novozymes will work closely with the Univar Solutions flagship solution center in Houston, Texas, which is home to a global center of excellence for innovation in the homecare and industrial cleaning industry.
STAY BX

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08:04 EDT Extended Stay America to be acquired by Blackstone, Starwood for $19.50/share
NTEC

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08:04 EDT Intec Pharma jumps 127% to $10.50 after announcing all-stock merger with Decoy
PBLA CERC

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08:04 EDT Panbela Therapeutics names Garry Weems as VP of clinical development - Panbela Therapeutics, Inc. (PBLA) announced the appointment of Garry A. Weems, PharmD, as its Vice President of Clinical Development and Medical Affairs. Dr. Weems joins Panbela from Cerecor, Inc. (CERC) where he was Senior Director of Clinical Development. "Panbela has made considerable progress in the last 12-months and is now at a critical juncture as we begin to plan more expansive development of SBP-101," said Jennifer Simpson, CEO at Panbela. "Garry's substantial background of success and extensive experience in executing clinical programs in oncology, including immunotherapy, will bring tremendous value to Panbela. With key milestones expected during this year, as well as communications with the U.S. Food and Drug Administration that will help shape our lead program in pancreatic cancer, his expertise will be an asset straightaway."
NTEC

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08:03 EDT Intec Pharma to merge with Decoy Biosystems - The company states: "Intec Pharma announced that it has entered into a definitive agreement for a business combination with Decoy Biosystems, Inc., a privately-held, preclinical-stage biotechnology company developing novel, multi-targeted products that safely prime both innate and adaptive anti-tumor and anti-viral immune responses. The combined company will advance its immunotherapy platform to battle a variety of tumor types and chronic viral infections. Decoy previously held a pre-IND meeting with the FDA, currently plans to file an IND in the second half of 2021 and to initiate a Phase I clinical trial in 2022 targeting solid tumors and lymphomas. Under the exchange ratio formula in the merger agreement, without taking into consideration the effect of the respective levels of cash and liabilities of each of Intec Pharma and Decoy, upon completion of the merger, the former Decoy stockholders are expected to own approximately 75% of the combined company, and the Intec shareholders are expected to own approximately 25% of the combined company, calculated on a fully diluted basis. The actual allocation will be subject to adjustment based on, among other things, Decoy's and Intec Pharma's net cash balance (including, in the case of Intec Pharma, any proceeds from any disposition of the Accordion Pill business) at the time of closing and the amount of closing financing raised, which will dilute securityholders of Decoy and Intec Pharma on a pro-forma basis. The combined company is expected to be led by Jeffrey Meckler as Chief Executive Officer and Michael Newman as Chief Scientific Officer with Dr. Roger Pomerantz serving as Chairman. At closing, the combined company's board of directors is anticipated to consist of eight members, including five members of Intec Pharma's current board and three members of Decoy's current board. The Board of Directors of both companies have approved the transaction. The merger is expected to close in the third quarter of 2021, subject to the approval of the shareholders of each company, the domestication of Intec Pharma to Delaware, the disposition of Intec's Accordion Pill business, the raising of closing financing, the continued listing of the combined company on Nasdaq, as well as customary closing conditions."
ELDN...

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08:03 EDT Eledon Pharmaceuticals names Paul Little as CFO, Jeff Bornstein as CMO - Eledon Pharmaceuticals (ELDN) announced the appointments of Paul Little as Chief Financial Officer, effective today, and Jeff Bornstein, M.D. as Chief Medical Officer, effective April 5, 2021. Bornstein most recently served as Vice President, Head of Clinical Sciences, Gastroenterology at Takeda Pharmaceuticals (TAK). Before joining Eledon, Little served as Chief Financial Officer of Sientra (SIEN), where he led finance, investor relations, information technology, and manufacturing.
GRWG

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08:02 EDT GrowGeneration acquires Char Coir, terms not disclosed - GrowGeneration announced its acquisition of Char Coir, an RHP-certified growing medium made from the highest-grade coconut fiber available. Established in 2014, Char Coir is recognized as the best coco coir on the market. Char Coir's portfolio of products are 100% biodegradable and compostable and a sustainable alternative to rockwool. Char Coir's line of coco products is projected to add in excess of $15M in revenue to GrowGen in 2021.
HTBK

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08:01 EDT Heritage Commerce's Keith Wilton steps down, Walter Kaczmarek named interim CEO - Heritage Commerce announced that on March 12, 2021, Keith Wilton retired as President and CEO of the company and the Bank. Wilton has also retired as a director from the company's and the Bank's Board of Directors. "The Board thanks Keith Wilton for his years of valuable service and we wish him the best as he enters retirement," said Jack Conner, the company's Chairman of the Board. The company's Board of Directors has appointed Walter Kaczmarek as the company's interim President and CEO. Kaczmarek will also hold those positions with the Bank. Kaczmarek is currently a member of the Board of Directors for the Company and the Bank. He has been a director since 2005. He previously served as the President and CEO of the company and the Bank from 2005 until August 2019.
STAY

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07:53 EDT Extended Stay jumps 17% to $19.88 before halt after WSJ buyout report
RMBL

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07:50 EDT RumbleOn Inc (Class B Stock) trading resumes
STAY

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07:47 EDT Extended Stay America trading halted, news pending
RUBY

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07:41 EDT Rubius Therapeutics: RTX-240 generated partial responses in anal cancer - Rubius Therapeutics announced initial clinical, pharmacodynamic and tumor trafficking data from its ongoing Phase 1/2 clinical trial of RTX-240 in patients with advanced solid tumors. The company also shared tumor trafficking data from one patient with relapsed/refractory acute myeloid leukemia in the second Phase 1 arm of the study. The company believes these data provide initial proof-of-concept of the RED PLATFORM by providing evidence that red blood cells can be engineered to mimic the human immune system and stimulate adaptive and innate immunity to generate clinical responses in cancer patients with refractory disease. Five dose cohorts were completed in the solid tumor trial at the time of the data cutoff on February 28, 2021, with 16 patients evaluable for safety and 15 patients evaluable for efficacy based on RECIST v1.1. The study is continuing to enroll patients and despite the fact that dose optimization is still ongoing, RTX-240 generated: A confirmed partial response with a 54% reduction in the target lesions at the 1e8 dose administered every 4 weeks in a patient with metastatic anal cancer whose disease had progressed on anti-PD-L1 therapy. Treatment of this patient was ongoing 8 months following the first dose at data cutoff; An unconfirmed PR with complete resolution of the target hepatic lesion and resolution of 14/15 hepatic lesions at the 1e10 dose administered every 4 weeks in a patient with metastatic uveal melanoma whose disease had progressed on anti-PD-1 therapy. Treatment of this patient was ongoing 4 months following the first dose at data cutoff; and Stable disease was observed in 6 patients, including 4 individual patients with stable disease for at least 12 weeks. In addition to evaluating safety and preliminary efficacy data, the trial is evaluating the pharmacodynamic effects of RTX-240: RTX-240 stimulated innate and adaptive immunity as demonstrated by the activation and/or expansion of NK or memory CD8+ T cells in all patients, with 9/16 patients showing activation and expansion in both cell types. There was an overall trend towards a dose response in absolute NK cell numbers.
TAK JNJ

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07:38 EDT Takeda, IDT support manufacturing of Johnson & Johnson's COVID-19 vaccine - Takeda Pharmaceutical (TAK) announced a mutual agreement with IDT Biologika GmbH a contract development and manufacturing organization, to utilize capacity at IDT previously reserved for Takeda's dengue vaccine candidate to manufacture the single-shot COVID-19 vaccine developed by the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ) . At the end of a three-month period, the capacity will be returned to Takeda to resume critical manufacturing for the planned launch of its dengue vaccine, subject to regulatory approvals. "We are pleased to work with IDT to support Janssen's efforts to make its COVID-19 vaccine available and accessible to as much of the world as possible," said Rajeev Venkayya, President, Global Vaccine Business Unit at Takeda. "We also recognize the massive unmet need for a dengue vaccine and will work closely with IDT to mitigate the impact on the supply of TAK-003." "I am grateful to our longstanding customer Takeda for their flexibility, allowing us to help provide much-needed COVID-19 vaccines to the world," said Jurgen Betzing, IDT Biologika's CEO. "It has become abundantly clear over the past months that the challenges posed by the pandemic can only be solved by cooperation and commitment. I believe this short-term arrangement between three industry organizations demonstrates our sector's willingness and ability to contribute to creatively solving this crisis. With our production for Janssen and AstraZeneca plus the development of our own COVID-19 vaccine in cooperation with the German Center for Vaccine Research, DZIF, our company can make a major contribution to the fight against COVID-19." With this agreement, Takeda is now supporting global access to three different COVID-19 vaccines. Takeda previously announced its commitment to providing rapid and sustained access to COVID-19 vaccines in Japan through partnerships with Novavax and Moderna. Takeda will receive a manufacturing technology transfer from Novavax and will be responsible for the development and commercialization based on manufacturing capacity of over 250 million doses. The company will also import and distribute 50 million doses of Moderna's mRNA COVID-19 vaccine as part of a joint partnership with Moderna and the Government of Japan's Ministry of Health Labour and Welfare .
GLTO

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07:33 EDT Galecto: DSMB recommends discontiunation of dosing in 10mg arm
GLTO

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07:33 EDT Galecto: DSMB recommends Phase 2b study continuing with modifications - Galecto announced that an independent Data Safety Monitoring Board has completed its interim review of the company's Phase 2b GALACTIC-1 study of GB0139 for the treatment of Idiopathic Pulmonary Fibrosis. On Friday, March 12, the DSMB recommended that, based upon a safety analysis of the data, the company discontinue dosing and enrolling patients in the 10 mg arm along with patients in the 3 mg arm who are receiving combination treatment with the currently approved treatments of IPF, nintedanib and pirfenidone. "We expect the 3 mg and placebo arms in patients who are not on concomitant nintedanib or pirfenidone will continue enrolling patients," the company said in a statement. GALACTIC-1 is a 52-week randomized, double-blind, multicenter, parallel, placebo-controlled Phase 2b study being conducted across more than 100 centers globally, investigating the safety and efficacy of Galecto's lead compound, GB0139, in patients with IPF. Initial unblinded data readout is anticipated in 2022. The DSMB informed the company, based on unblinded safety and efficacy data, that there was an imbalance in the serious adverse experiences across the study groups, but not an imbalance between the groups in mortality. Galecto expects to continue recruiting patients who are not taking nintedanib or pirfenidone at screening and who would be randomized to receive GB0139 3 mg or placebo. The DSMB recommended the patients randomized to the 10mg group and all those taking nintedanib or pirfenidone should be discontinued from the study. Based on these recommendations, the Company plans to work with both the study investigators and the appropriate regulatory authorities to implement these changes promptly. "Galecto is committed to patient safety and continuing the development of life changing treatments for patients with IPF. Around 50% of IPF patients in Europe and the US do not receive treatment with either pirfenidone or nintedanib, representing a very significant unmet medical need, as they have no available treatment options. Based on our prior phase 1b/2a study of GB0139 in IPF patients, we believe the 3 mg dose has the potential to be an effective clinical dose for these patients," said Dr. Hans Schambye, CEO of Galecto. He added "there is a very strong demand for a tolerable alternative to the approved therapies."
ASH

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07:31 EDT Ashland to increase production capacity for Natrosol HEC at Nanjing site - Ashland Global Holdings announced the company plans to increase production capacity of Natrosol hydroxyethylcellulose, or HEC, at the Nanjing, China site. "Ashland Natrosol(TM) rheology modifiers have been the leading cellulosic thickeners for waterborne architectural coatings for more than fifty years," said Guillermo Novo, chairman and CEO. "Given the unprecedented demand and our customer-centric strategy, Ashland will build upon our previous investments in Nanjing and further expand capacity. This demonstrates our commitment to invest in Asia. It also supports a key lever of Ashland's growth strategy to ensure we can meet our customers' growing needs and provide additional supply security across the globe."
FAMI

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07:31 EDT Farmmi subsidiary wins new multi-product U.S. export order - Farmmi announced its subsidiary Zhejiang Forest Food Co., Ltd., won a new multi-product order for its distinctive and flavorful dried whole and sliced mushrooms, and dried black fungus. The customer, a trading company supplying to major global hotel and supermarket chains, including the STANFORD hotel chain and the H-MART supermarket chain, will export Farmmi's products to the U.S.
RMBL

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07:31 EDT RumbleON, RideNow enter agreement to combine companies - RumbleOn and RideNow announced they have entered into a definitive merger/equity purchase agreement. The company said the integration of RideNow's footprint and retail brand with RumbleOn's technology platform will transform the nation's largest powersports dealer into the first - and only - omnichannel powersports platform in North America. On a pro forma basis the combined company would have generated approximately $1.3B in revenue, $65.3M in net income and $90.8M in adjusted EBITDA in 2020. The business combination is expected to close in Q2 or Q3 of 2021. The company expects to achieve cost synergies over time, while driving incremental growth. For 2021, total revenue is expected to be in the range of $1.45B-$1.55B and adjusted EBITDA in the range of $100M-$110M. The companies expect to drive sustainable long term revenue growth and strong unit economics, with a long-term revenue target in excess of $5B and adjusted EBITDA margin target in excess of 10%. Under the terms of the definitive agreement, RumbleOn will combine with up to 46 entities operating under the RideNow brand for a total consideration of up to $575.4M, consisting of $400.4M of cash and approximately 5.8M shares of RumbleOn Class B common stock. RumbleOn will finance the cash consideration through a combination of up to $280M of debt and the remainder through the issuance of new equity. RumbleOn has entered into a commitment letter with Oaktree to provide for the debt financing, subject to certain conditions. The number of shares to be issued to RideNow is subject to increase as described in the definitive agreement. The transaction is subject to successful completion of the debt and equity financing, RumbleOn stockholder approval, manufacturer approval, other federal and state regulatory approvals, and other customary closing conditions as described in the definitive agreement. Certain RideNow minority equity holders are not initially parties to the definitive agreement and some minority holders have rights of first refusal, or ROFR, with respect to the RideNow entity in which they own a stake. If any of these equity holders either decide not to sell their interests to the company or to exercise their ROFR, RumbleOn will not be able to acquire all of the equity interests of the acquired companies, or in certain cases any interests in an acquired company, and the consideration payable in the business combination will be correspondingly reduced. RideNow anticipates that all minority owners will participate in the business combination and that no minority owners will exercise their ROFR, but there is no assurance this will occur. Upon closing, the RideNow and RumbleOn executive teams will join their combined 150+ years of vehicle retail experience. Each member of the combined company senior management team will enter into three year executive employment agreements upon closing. Mark Tkach and William Coulter will also join the RumbleOn board of directors. RumbleOn and RideNow expect to close the business combination during Q2 or Q3.
CORT MRK

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07:31 EDT Corcept Therapeutics initiates Phase 1b trial of Relacorilant plus Pembrolizumab - Corcept Therapeutics (CORT) announced enrollment of the first patient in the Phase 1b trial of relacorilant in combination with the PD-1 checkpoint inhibitor pembrolizumab, Merck's (MRK) medication, Keytruda, in patients with adrenal cancer with cortisol excess. "Cortisol activity blunts the cancer-killing attributes of immunotherapeutic agents such as checkpoint inhibitors," said Andreas Grauer, MD, Corcept's Chief Medical Officer, "which may be why pembrolizumab is rarely effective as monotherapy in patients with adrenal cancer with cortisol excess. Our trial will examine whether adding relacorilant to pembrolizumab therapy will reduce cortisol-activated immune suppression sufficiently to help pembrolizumab achieve its intended tumor-killing effect, while relacorilant treats the Cushing's syndrome caused by excess cortisol activity." The open-label, Phase 1b trial has a planned enrollment of 20 patients with metastatic or unresectable adrenal cancer with cortisol excess at five sites in the United States.
ADS

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07:30 EDT Alliance Data reports February net charge offs 5.2% vs. 4.6% last month - Reports February delinquency ratio 4.3% vs. 4.3% last month.
GNRS

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07:30 EDT Greenrose Axquisition Corporation trading resumes
COF

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07:26 EDT Capital One reports February net charge-offs 2.66% vs. 2.54% last month - Reports February 30-plus day delinquencies 2.45% vs. 2.49% last month.
AVEO

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07:24 EDT Aveo Pharmaceuticals to regain ex-North American rights to AV-203 - AVEO Oncology announced that it will regain its rights to AV-203 outside of North America, its clinical-stage potent humanized IgG1 monoclonal antibody that targets ErbB3, following the voluntary termination of its collaboration and license agreement by CANbridge Life Sciences. AVEO will regain rights to AV-203 in all territories outside of North America, and CANbridge has initiated the process to transfer all preclinical data and materials to AVEO. The transfer of rights and termination of the collaboration and license agreement will become effective on September 5, 2021. AV-203 is an IgG1 antibody designed to inhibit both ligand-dependent and ligand-independent ErbB3 signaling. ErbB3 is a receptor that is typically expressed in many human cancers, and AV-203 has demonstrated preclinical activity in multiple tumor models. To date, AVEO has completed a Phase 1, open-label, dose-escalation study of AV-203 in patients with advanced solid tumor. In this study, one patient had a dose limiting adverse event and the recommended phase 2 dose, or RP2D, is 20 mg/kg. One of two neuregulin positive (NRG1+) patients had a partial response. Neuregulin, the only known ligand for ErbB3, is a potential biomarker which may prove to be predictive of AV-203 anti-tumor activity. "By reacquiring rights to AV-203 outside of North America, we add global rights to a third IgG1 antibody clinical candidate within our internally developed and diverse portfolio of oncology therapeutics," said Michael Bailey, president and chief executive officer of AVEO. "AV-203 has demonstrated early signs of activity in an NRG1+ patient that suggest it could have meaningful application in several areas of high unmet need in cancer. We look forward to advancing AV-203 in the clinic as part of our strategy for delivering long-term value from our pipeline programs. This strategy includes progress in our immunotherapy combination programs for FOTIVDA(R) (tivozanib), potential initiation of a pivotal study of ficlatuzumab in head and neck squamous cell carcinoma, and the execution of our Phase 1 study of AV-380 for cancer cachexia." Under their 2016 agreement, AVEO granted CANbridge Life Sciences worldwide rights, excluding the United States, Canada, and Mexico, to AV-203. CANbridge completed their manufacturing obligations under the agreement and AVEO received a $2 million development and regulatory milestone in August 2018 from CANbridge for regulatory approval from the National Medical Products Administration in China of an investigational new drug application for a clinical study of AV-203 in esophageal squamous cell cancer.
DFS

Hot Stocks

07:23 EDT Discover reported February charge-off rate 3.15% vs. 2.57% last month - On March 12, Discover February 30 or more days delinquency rate 2.01% vs. 2.08% last month.
LEXX

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07:22 EDT Lexaria Bioscience provides progress update on five DehydraTECH studies - Lexaria Bioscience announced progress in five studies focused on the performance of DehydraTECH CBD as a treatment for hypertension. Three human clinical trials and two animal research trials are part of the company's 2021 applied research and development program. The company has additional studies under design, to be announced when available. Lexaria's DehydraTECH CBD for hypertension studies are being performed by third-party laboratories to ensure study objectivity. In HYPER-A21-1 dosing is complete and sample analysis is underway in this animal study. No observed behavioural tolerability issues were noted during or after dosing. This study is evaluating the rate of absorption and speed with which various new enhanced DehydraTECH experimental formulations deliver CBD to the bloodstream and brain. Enhanced DehydraTECH 2.0 formulations represent next-generation drug delivery enhancements not yet commercially available anywhere in the world. Results should be reported in or around the first half of May. In HYPER-A21-2 dosing is scheduled to begin next week and is expected to be completed in this animal study by March 30. This study is also evaluating the rate of absorption and speed with which additional enhanced DehydraTECH 2.0 formulations deliver CBD to the bloodstream and brain. Results should be reported in or around the first half of June. In HYPER-H21-1: Regulatory importation clearance was received for the clinical test articles for this human study which have arrived at the European research site. Following this, recruitment of the 24 volunteers with otherwise untreated pre- or mild-hypertension has begun. Human dosing is tentatively expected to be complete by May. A particular DehydraTECH 2.0 formulation will be evaluated in this study. Time series blood pressure and heart rate analyses are the primary objectives of this study. Secondary objectives include speed and rate of absorption of the CBD and its main metabolites, as well as evaluation of inflammatory markers associated with cardiovascular disease and gold-standard biomarkers of nitric oxide. This latter measure provides mechanistic insight into the anticipated reduction in blood pressure via vasodilation. Inflammatory marker assessments may also be applicable to Lexaria's research initiatives in the antiviral therapeutics space whereby effective anti-inflammatory therapies are also useful in treating diseases like COVID-19 or other common pro-inflammatory conditions. Since a large array of data points will be generated and analyzed, final reporting on this study is likely to be reported in early September or thereabouts, though preliminary outcomes may be reported before then. In HYPER-H21-2: Formal hospital and ethics board applications for this upcoming European human clinical study have been approved and test articles are expected to arrive at the research site as early as next week. Following this, recruitment of 16 volunteers will commence soon in this study. A particular DehydraTECH 2.0 formulation will again be utilized in this study. As in HYPER-H21-1, volunteers will be pre- or mildly-hypertensive males and females aged 45-70 years. In this study, however, volunteers will consume three separate doses of 150mg of DehydraTECH CBD or placebo that will be split over a 24-hr period, and be monitored continuously via ambulatory monitoring technology throughout this time. The primary objectives of this study are blood pressure and heart rate evaluation, while the secondary objectives include central arterial stiffness, physical activity and sleep quality. Once again, a large array of data points will be generated and analyzed and final reporting on this study is likely to be reported in late September or thereabouts, though preliminary outcomes may be reported before then. Lastly, in HYPER-H21-3: Formal hospital and ethics board approvals for this upcoming European human clinical study have also been received and test articles are also expected to arrive at the research site as early as next week. Following this, 16 volunteers will be recruited once recruitment in studies HYPER-H21-1 and HYPER-H21-2 is complete. In a placebo-controlled and blinded design, a single 300mg dose of a particular DehydraTECH 2.0 CBD formulation will be administered in this study to examine its effect on acute pulmonary hypertension. Exposure to acute reductions in oxygen tension causes rapid hypoxic pulmonary vasoconstriction and, as a consequence of this HPV response, pulmonary arterial pressure increases. If this increase in pressure becomes too high, as is the case in many cardiac pathologies, an excess of fluid in the lungs can occur that causes difficulty with breathing. The extent to which CBD may act as a novel treatment for HPV, and potentially as an alternative treatment for pulmonary hypertension, is unknown. Thus, the primary objective of this study is to evaluate the effect of DehydraTECH CBD on pulmonary vascular function in normotensive individuals exposed to hypoxia. The magnitude of HPV, blood pressure, heart rate, blood samples and pulmonary gas exchange data will be collected and analyzed. Details will be furnished at a future date on the likely timing of reporting from this study once recruitment has begun.
CIXX

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07:22 EDT CI Financial to acquire Brightworth of Atlanta, terms undisclosed - CI Financial announced an agreement to acquire Brightworth of Atlanta, a registered investment advisor with approximately US$4.7B in assets. This and other recently announced transactions are expected to more than double CI's U.S. assets to approximately US$55B ,continuing CI's rapid growth in wealth management. Brightworth provides comprehensive investment advisory and financial planning services to high-net-worth individuals, families, business owners, trusts, estates, charitable organizations, pension and profit-sharing plans from offices in Atlanta and Charlotte, NC. The firm's expertise includes specialized practices focused on corporate professionals and executives, dental industry professionals, and business owners through its business exit and transition services group.
RMBL

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07:22 EDT RumbleOn Inc (Class B Stock) trading halted, news dissemination
MSGM

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07:16 EDT Motorsport Games to acquire remaining shares of 704Games Company - Pursuant to it previously disclosed offer to Ascend FS, Inc., Motorsport Games announced it has entered into a definitive agreement with Ascend to acquire the shares of 704Games Company owned by Ascend. The 704Games shares owned by Ascend represent 10.1% of the outstanding common stock of 704Games and will be acquired by Motorsport for the same per share consideration previously disclosed in Motorsport Game's agreement to acquire 7.6% of the outstanding shares of 704Games from PlayFast Games, LLC. Both the Ascend and PlayFast transactions are subject to customary conditions to closing and are expected to close on April 1, 2021. Upon closing of these transactions, Motorsport Games will own 100% of the outstanding common stock of 704Games. As previously disclosed, beginning in 2022, the acquisition of 100% of 704Games is expected to be accretive to net earnings per share of Motorsport Games on a per share basis. With 704Games becoming a wholly-owned subsidiary of Motorsport Games, the acquisition brings multiple strategic values to the forefront including the simplified financial reporting of Motorsport Games going forward. The transactions with Ascend and PlayFast will also completely settle and release, without admitting fault or liability by any party, all claims that either PlayFast or Ascend, as a minority stockholders of 704Games, could allege or assert against Motorsport Games. In addition, pursuant to the agreement with Ascend, the 704Games derivative legal action commenced in Florida by Ascend against Motorsport Games will be dismissed with prejudice upon the closing of the transaction with Ascend.
TRCH

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07:15 EDT Torchlight Energy Resources provides update on Metamaterial combination - Torchlight Energy Resources announced that it is continuing to work towards the completion of the regulatory requirements necessary to consummate the previously announced business combination with Metamaterial. Torchlight will file its 2020 annual report on Form 10-K prior to filing the definitive proxy statement for the special meeting of Torchlight's stockholders in connection with the arrangement. Torchlight expects to hold the special meeting within the next 30 to 60 days, and expects the closing of the arrangement to occur in Q2. Torchlight's definitive proxy statement will announce the meeting date and record date for the special meeting. The record date to determine the Torchlight stockholders that will receive a dividend of the previously announced Series A preferred stock, which will entitle its holders to, among other things, receive cash dividends in connection with the sale of Torchlight's oil and gas assets, will be determined after the special meeting is held. Metamaterial recently announced that its security holders have approved the special resolution relating to the arrangement at Metamaterial's annual general and special meeting.
SIOX

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07:15 EDT Sio Gene Therapies had $120.9M in cash, equivalents at March 12 - Sio Gene Therapies announced that it had $120.9 million in cash and cash equivalents as of March 12, 2021, augmented by a recent $15 million equity investment by Suvretta Capital. Since December 31, 2020, the company has raised $49.1 million, of which $37.1 million was received in gross proceeds from public sales of its common stock and $11.6 million was received from a non-dilutive transaction. The company expects to receive another milestone payment of approximately $4.8 million by mid-2021 upon the marketing approval of cenobamate by the European Medicines Agency. The Company estimates that its current cash position extends beyond the expected dates of major upcoming milestones for the AXO-AAV-GM1 program.
DFNS

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07:12 EDT IronNet Cybersecurity to go public through LGL Systems Acquisition combination - IronNet Cybersecurity announced that it has signed a definitive business combination agreement with LGL Systems Acquisition Corp., a special purpose acquisition company formed to help advance domestic and international defense. Upon close of the transaction, the combined company will be renamed IronNet Cybersecurity and will be listed on the New York Stock Exchange and trade under the ticker symbol (RNT). LGL Systems Acquisition Corp., which currently holds approximately $173M cash in trust, will combine with IronNet at an estimated pro forma total enterprise value of $927M. Assuming no redemptions by LGL's existing public stockholders, IronNet's existing stockholders will hold approximately 72% of the fully diluted shares of common stock in the combined company, IronNet Cybersecurity, immediately following the closing of the business combination. The combined company expects to receive approximately $267M in net proceeds, assuming no redemptions by LGL's existing public stockholders, including proceeds from a $125M PIPE transaction. Cash proceeds are expected to be used to accelerate IronNet's revenue growth, to expand its product portfolio, and for working capital to fund increasing demand. The transaction has been unanimously approved by the board of directors of both LGL and IronNet, and is subject to the satisfaction of customary closing conditions, including the approval of both parties' stockholders, expiration of Hart-Scott-Rodino waiting periods and the effectiveness of LGL's registration statement with the Securities and Exchange Commission, or SEC. The transaction is expected to close in Q3 of 2021.
ACRS

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07:12 EDT Aclaris Therapeutics completes enrollment in Phase 2a ATI-1777 trial - Aclaris Therapeutics announced that it has completed enrollment in its Phase 2a clinical trial of ATI-1777, an investigational topical "soft" Janus kinase 1/3 inhibitor, for the potential treatment of moderate to severe atopic dermatitis. ATI-1777-AD-201 is a Phase 2a, multicenter, randomized, double-blind, vehicle-controlled, parallel-group clinical trial to determine the efficacy, safety, tolerability and pharmacokinetics of ATI-1777 in subjects with moderate to severe AD. Subjects will apply ATI-1777 or vehicle twice daily for 4 weeks. The primary endpoint is the percentage change from baseline in the Eczema Area and Severity Index score at week 4. "This is an important trial because it explores whether a topical JAK inhibitor can successfully treat moderate to severe AD rather than mild disease," said Dr. David Gordon, Chief Medical Officer of Aclaris. "We hope to establish that a topical JAK inhibitor can safely and effectively treat moderate to severe AD while limiting systemic exposure."
JPM

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07:12 EDT JPMorgan reports February net credit loss 2.11% vs. 1.97% last month - Reports February 30-plus day delinquencies 0.97% vs. 0.99% last month.
HCDI

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07:11 EDT Harbor Custom Development contracts to buy land in Sacramento for $6.85M - Harbor Custom Development announced that it has contracted to acquire 55 undeveloped lots in a gated community in Loomis, California for $6,850,000. "Adding the Loomis 55 lot subdivision to our portfolio, increases our Sacramento Metro Area footprint and meets our stated objective of providing residential housing that is a 30 to 60-minute commute to the urban job corridor. Urban flight from the Bay Area and Silicon Valley to less populated bedroom communities like Loomis provides for a steady stream of buyers looking for larger housing that can provide home office space, exercise and flex rooms, secure play areas for children and pets, and easy access to outdoor recreational activities," stated Sterling Griffin, President and CEO of Harbor Custom Homes.
TNXP

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07:10 EDT Tonix Pharmaceuticals achieves 50% enrollment in RALLY Phase 3 study - Tonix Pharmaceuticals Holding announced that 50 percent of the planned total number of participants have been randomized in the Phase 3 RALLY study for the management of fibromyalgia. RALLY is the Company's second of two potential pivotal Phase 3 studies of TNX-102 SL 5.6 mg, a non-opioid, centrally acting analgesic, taken daily at bedtime. The RALLY study utilizes the same protocol design as the Company's first positive Phase 3 study, RELIEF, but with an additional 200 patients. "We believe that achieving this milestone keeps us on plan for the anticipated release of interim results from RALLY in the third quarter and topline data in the fourth quarter of this year," said Tonix's President and Chief Executive Officer, Seth Lederman, M.D. "If the topline results are positive, we expect to be in a position to submit a New Drug Application (NDA) for TNX-102 SL for fibromyalgia to the U.S. Food and Drug Administration in 2022." In December 2020, the company reported positive topline results from the RELIEF study, its first Phase 3 study for TNX-102 SL 5.6 mg in fibromyalgia. In the RELIEF study, the 5.6 mg dose achieved statistically significant pain reduction over placebo at Week 14 (primary endpoint, p=0.01). In addition, TNX-102 SL was generally well tolerated with an adverse event profile comparable to prior studies, and no new safety signals observed. An interim analysis of the first 50 percent of randomized participants in the RALLY study will be conducted shortly after the 14-week treatment period has been completed by these participants. Pending approval of the interim statistical analysis plan by the FDA, results from the interim analysis are expected in the third quarter of 2021. The interim analysis will be conducted by an Independent Data Monitoring Committee which will review the unblinded data and make one of four recommendations: (1) stop the study for success; (2) continue to enroll the full study as planned; (3) continue to enroll with a specified increase in the total number of participants in the full study; or (4) stop the study for futility.
HCHC

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07:09 EDT HC2 Holdings portfolio company to acquire Banker Steel Holdco - HC2 Holdings announced that its core infrastructure business DBM Global has reached an agreement to acquire a 100% interest in Banker Steel Holdco LLC. The Banker Steel family of companies, in the portfolio of Atlas Holdings LLC, is based in Lynchburg, Virginia and provides fabricated structural steel and erection services primarily for the East Coast and Southeast commercial and industrial construction market. Banker Steel consists of six operating companies: Banker Steel Co., LLC, NYC Constructors, LLC; Memco LLC; Derr & Isbell Construction LLC; Innovative Detailing and Engineering Solutions; and Lynchburg Freight and Specialty LLC. The transaction is subject to a financing condition and other customary closing conditions and adjustments, and is expected to close during the second quarter of 2021.
KHC

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07:09 EDT Heinz to launch three new sauce creations - After searching through a decade's worth of posts on forgotten blogs and scouring old tweets and forums, Heinz is releasing three new sauce creations inspired by Canadians: Heinz Tarchup, Wasabioli and Hanch. Created and unwittingly shared online by condiment lovers, these new creations combine some of Canada's favourite condiments into three equally saucy mashups.
BTAI

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07:08 EDT BioXcel Therapeutics receives BTD from FDA for BXCL501 - BioXcel Therapeutics announced that BXCL501, the Company's investigational, proprietary, orally dissolving thin film formulation of dexmedetomidine, has been granted Breakthrough Therapy designation from the U.S. Food and Drug Administration for the acute treatment of agitation associated with dementia. The Breakthrough Therapy designation is intended to expedite the development and review of certain product candidates designed to treat serious or life-threatening diseases or conditions, and the designation includes increased interaction and guidance from the FDA. The Breakthrough Therapy designation for BXCL501 was supported by the positive topline data from the Phase 1b/2 TRANQUILITY study for the acute treatment of agitation associated with dementia, including Alzheimer's disease. BXCL501 demonstrated statistically significant reductions in agitation measures at 2 hours post-dose with both the 30 and 60 mcg doses as measured by multiple scales. The dose dependent response observed has the potential to support the Company's plans to evaluate BXCL501 for use across the full range of dementia care settings.
IGMS

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07:07 EDT IGM Biosciences names Lisa Decker as chief business officer - IGM Biosciences announced the appointment of Lisa L. Decker, Ph.D., to the newly created position of Chief Business Officer. Ms. Decker joins IGM with twenty years of experience in business development strategy, transactions and alliance management. Most recently, Decker was Chief Business Officer at Atreca, Inc., where she led business development, including the portfolio and alliance management functions.
SCPS

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07:07 EDT Scopus BioPharma finalizes arrangements for submission of IND package - Scopus BioPharma announced the finalization of arrangements for the completion of the investigational new drug package for the company's lead drug candidate and its submission to the United States FDA. The IND submission is expected in Q2.
AMED

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07:07 EDT Amedisys repurchases approximately $73M of stock under buyback program - Amedisys has repurchased approximately $73M in stock beginning Monday, March 1. Late in 2020, the Amedisys Board of Directors authorized up to $100M in share repurchases through December 31, 2021. "This was a very advantageous time to buy back the stock," said Paul Kusserow, Amedisys Chairman and Chief Executive Officer. "Our shareholders got a great deal on this repurchase. Given our low leverage and very strong cash flow, this repurchase has no impact on our ability to execute upon our inorganic growth strategy and will not impact our plan to deploy capital into acquisitions. Our pipeline in both home health and hospice remains very full and we look forward to getting a few of these deals across the finish line."
SYF

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07:06 EDT Synchrony reports February net charge offs 4.1% vs. 3.0% prior month - Reports February 30-plus days past due as a percentage of period-end loan receivables 3.1% vs. 3.2% in prior month. Reports February adjusted net charge-offs 4.0% vs. 3.1% in prior month.
RCI SJR

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07:06 EDT Rogers, Shaw: Synergies expected to exceed C$1B annually within 2 years
CO

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07:06 EDT Global Cord Blood forms special committee to evaluate non-binding proposal - Global Cord Blood announced that in response to the non-binding proposal letter dated March 2, 2021 received by the company's Board of Directors from Alternate Ocean Investment Company Limited, pursuant to which Alternate Ocean, acting on behalf of the fund that it manages and/or advises, proposes to acquire all of the outstanding ordinary shares of the company for $5.00 per ordinary share in cash, subject to certain conditions. The Board has formed a special committee of independent directors who are not affiliated with Alternate Ocean to evaluate such proposal. The Special Committee consists of Mark D. Chen, Dr. Ken Lu, Jack Chow and Jacky Cheng, each of whom currently serves as an independent director on the Board, with Mr. Chen serving as the chair of the Special Committee. The company cautions its shareholders and others considering trading its ordinary shares that no decisions have been made with respect to the company's response to the proposed transaction. The proposed transaction is still subject to various conditions, including but not limited to, completion of due diligence, parties entering into definitive agreement, and/or each of the Acquirer and the company obtaining its relevant regulatory and shareholders' approval. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated.
SJR RCI

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07:05 EDT Rogers, Shaw to invest C$2.5B in 5G networks over 5 years in Western Canada
SJR RCI

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07:05 EDT Rogers Communications to acquire Shaw Communications for approx. C$26B - Rogers Communications (RCI) and Shaw Communications (SJR) announced that they have reached an agreement for Rogers to acquire all of Shaw's issued and outstanding Class A Shares and Class B Shares in a transaction valued at approximately C$26 billion inclusive of approximately C$6 billion of Shaw debt. The offer price of C$40.50 per share represents a significant premium for Shaw shareholders. The transaction is not subject to a financing condition as Rogers has secured committed debt financing, which it will use along with balance sheet cash and the issuance of 23.6 million shares to the Shaw Family Living Trust. As part of the transaction, the combined company will invest C$2.5 billion in 5G networks over the next five years across Western Canada, which will enhance competitiveness, offer consumers and businesses more choice and improved services, help close the digital divide between urban and rural communities, and deliver significant long-term benefits for businesses and consumers. In addition to unprecedented broadband and wireless investments that will create up to 3,000 net new jobs, the combined company would expand on Shaw's legacy of commitment to Canada's four Western provinces, the companies said in a statement. The Shaw Family Living Trust, the controlling shareholder of Shaw, and certain members of the Shaw family, will receive 60% of the consideration for their shares in the form of 23.6 million Class B Shares of Rogers valued on the basis of the volume-weighted average trading price for the 10 trading days for the Rogers Class B Shares ending March 12, 2021, and the balance in cash. The Transaction will be implemented by way of a court-approved plan of arrangement under the Business Corporations Act. The Transaction requires the approval of two thirds of the votes cast by the holders of Shaw's Class A Shares and Class B Shares at a special shareholders meeting to be held in May. Under the Arrangement Agreement, Rogers has the right to cause Shaw to redeem its outstanding preferred shares on June 30, 2021 in accordance with their terms by providing written notice to Shaw. As of the date of this news release, Rogers has not exercised this right. Shaw will continue to pay its regular monthly dividends of $0.098542 in cash per Class A Share and $0.09875 in cash per Class B Share, and its regular quarterly dividend on its preferred shares in accordance with their terms. A Special Committee of independent directors of Shaw has unanimously recommended the Transaction, and Shaw's Board of Directors has unanimously approved the Transaction and unanimously recommends that Shaw shareholders approve it. Shaw's Directors and senior management have agreed to vote all of their shares in favor of the Transaction.
CHEK

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07:04 EDT Check-Cap receives FDA IDE approval for pivotal study of C-Scan - Check-Cap announced that the U.S. FDA has approved the company's Investigational Device Exemption application, permitting Check-Cap to begin a pivotal study of C-Scan in the U.S. C-Scan is intended for candidates who are at average-risk for CRC and who are poor candidates for colonoscopy or decline colonoscopy, or who had an incomplete optical colonoscopy. The pivotal study will evaluate safety and performance of C-Scan as well as subject compliance with C-Scan.
SNDL

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07:02 EDT Sundial Growers, SAF Group to form 50/50 joint venture - Sundial Growers and SAF Opportunities LP announced they have entered into an agreement to form a 50/50 joint venture through a new corporation, SunStream Bancorp. The Joint Venture will leverage a strategic financial and operational partnership to generate asymmetrically enhanced risk-return opportunities in the cannabis industry to provide exposure to a portfolio of attractive debt, equity and hybrid investments. The Joint Venture will focus on cannabis-related verticals, seeking both Canadian and international opportunities and investments. The Joint Venture's first mandate is the formation of a special opportunities fund with commitments from third party limited partners alongside an initial commitment from Sundial of $100M. The Joint Venture expects to pursue additional potential mandates, including a Canadian SPAC and other investments.
SJR RCI

Hot Stocks

07:02 EDT Rogers Communications to acquire Shaw Communications for approx. C$26B
MBXBF

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07:01 EDT Microbix Biosystems, Seegene Canda form Covid-variant collaboration - Microbix Biosystems and Seegene Canada Inc announced a collaboration under which Seegene will distribute and recommend Microbix's new COVID-variant Quality Assessment Products to monitor the workflow accuracy of Seegene Allplex assays across Canada.In this collaboration, Seegene becomes a QAPs distributor and will recommend Microbix's whole-genome COVID-variant QAPs to support Seegene's molecular assays that detect the more-contagious emerging strains of the SARS-CoV-2 virus - initially the Brazilian, South African, & UK variants.
GNRS

Hot Stocks

07:01 EDT Greenrose Axquisition Corporation trading halted, news dissemination
GEO

Hot Stocks

06:57 EDT Geo Group announces non-renewal of USMS contract for Queens detention center - The GEO Group announced that the U.S. Marshals Service has notified GEO of a non-renewal of the contract for the company-owned, 222-bed Queens Detention Facility ending March 31, 2021. GEO has requested a contract extension from the USMS in order to provide for a proper transition. The potential non-renewal of the contract for the Queens Detention Facility, which generated approximately $19M in annualized revenues, was not previously assumed in GEO's current financial guidance for 2021. If the contract is not extended or renewed, GEO expects to market the Queens Detention Facility to other government agencies.
BIDU

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06:53 EDT Baidu gets qualifications for 35 vehicles to test autonomous driving in Cangzhou - Baidu received qualifications for 35 vehicles to demonstrate commercialized autonomous driving operations, and qualifications for 10 vehicles to conduct driverless testing, by Cangzhou traffic authorities. These qualifications will allow Baidu to be the first company in China to experiment with various monetization mechanisms for autonomous driving services. With these qualifications, Baidu Apollo will be able to roll out commercialized demonstrations of its smart transportation services in Cangzhou, and explore various mechanisms for charging customers, such as discounts, trial tickets, and voluntary payments from riders, for the first time by any autonomous driving company in China. In August 2020, Baidu opened the Apollo Go Robotaxi service in the downtown areas of Cangzhou, which has allowed people to hail a free robotaxi ride through their smartphone. In addition to bringing added convenience and safety to the people of Cangzhou, Baidu's robotaxis are intelligent electric vehicles that contribute to environmental protection by reducing carbon emissions. The qualifications will also enable Baidu to test driverless vehicles in Cangzhou, the first company to receive this permission in the city. Baidu Apollo previously received this permission in Changsha and Beijing in September and December of 2020, respectively. Baidu is the first and only company approved to conduct open road driverless testing in the Chinese capital. Internationally, Baidu Apollo obtained permission in California to conduct driverless testing. To obtain the Cangzhou qualifications, companies were required to complete a total of 50,000 kilometers of local testing on open roads, accompanied by safety drivers, while being responsible for zero accidents. As of March 1, Baidu's Cangzhou fleet accumulated 524,696 kilometers of total test mileage with each car averaging 17,490 kilometers, a testament to the safety and reliability of Apollo-powered autonomous vehicles.
GILD MRK

Hot Stocks

06:46 EDT Gilead, Merck confirm pact to co-develop long-acting treatments in HIV - Gilead Sciences (GILD) and Merck (MRK) announced that they have entered into an agreement to co-develop and co-commercialize long-acting treatments in HIV that combine Gilead's investigational capsid inhibitor, lenacapavir, and Merck's investigational nucleoside reverse transcriptase translocation inhibitor, islatravir, into a two-drug regimen with the potential to provide new, meaningful treatment options for people living with HIV. The first clinical studies of the oral combination are expected to begin in the second half of 2021. Under the terms of the agreement, Gilead and Merck will work as partners, sharing operational responsibilities, as well as development, commercialization and marketing costs, and any future revenues.
TT

Hot Stocks

06:33 EDT Trane plans to cut product carbon emissions by nearly 50% by 2030 - Trane Technologies announced that it plans to cut its product carbon emissions by nearly 50% by 2030, and that its ambitious emissions reduction targets have been validated by the Science Based Targets Initiative. Cutting product emissions in half over the next decade supports Trane Technologies' 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metric tons. It also supports the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, which will require net-zero global carbon emissions by 2050.
SPI POR

Hot Stocks

06:25 EDT SPI Energy announces partnership with Common Energy - SPI Energy (SPI) announced that it has partnered with Common Energy to subscribe customers to SPI's six community solar projects in the Portland General Electric (POR), or PGE, territory in the greater Portland, Oregon area. SPI's community solar projects total 17 megawatts and are expected to be completed in 2021 and 2022. Once the projects are completed, they will generate over 24M kilowatt hours of clean electricity and prevent over 16M pounds of carbon emissions annually.
CCORF

Hot Stocks

06:23 EDT Canaccord Genuity announces offer to acquire RF Capital rejected - Canaccord Genuity announced that on March 9, it submitted a letter to the board of directors of RF Capital Group in which Canaccord Genuity proposed to purchase 100% of the outstanding shares of RF Capital for $2.30 per share for cash or Canaccord Genuity common shares. The proposal represented a 31% premium to the closing price of RF Capital common shares on March 12 and a 30% premium to the volume-weighted average price for the 20 trading days ended on that date. The proposed price of $2.30 per common share is supported by the formal valuation commissioned by the special committee of RF Capital's board of directors in connection with the recently completed transaction between RF Capital and Richardson GMP Limited. The company said, "The rationale behind the Proposal is simple - on a combined basis, RF Capital and Canaccord Genuity would become the preeminent independent wealth business in Canada. Unfortunately, RF Capital's board of directors dismissed the Proposal on March 10, 2021 without reason. As a result, RF Capital shareholders, including its Investment Advisors ("IA"s) who, as a group, represent a significant shareholding, were not provided an opportunity to consider an offer at an attractive valuation. Representatives of Richardson Financial Group Limited (the "Richardson family"), which owns approximately 44% of the outstanding common shares of RF Capital, rejected an invitation to discuss the Proposal. We are disappointed that we have been unable to engage with RF Capital's board of directors and the Richardson family in a meaningful and productive way in connection with our Proposal, despite numerous attempts to engage in constructive dialogue since last September. We feel strongly that RF Capital shareholders and Richardson Wealth Investment Advisors (including those with RF Capital shares subject to a multi-year escrow) should have an opportunity to consider the Proposal. We believe the Proposal presents an opportunity to form the preeminent independent wealth management business in Canada, and a compelling opportunity for RF Capital's shareholders to participate in the ongoing success of Canaccord Genuity's existing platform and on a combined basis with the addition of Richardson Wealth."
DANOY

Hot Stocks

06:22 EDT Danone names Gilles Schnepp as non-executive chairman
DANOY

Hot Stocks

06:21 EDT Danone confirms Emmanuel Faber to step down as chairman and CEO - Danone said in a statement: "The Board has decided that Emmanuel Faber will step down as Chairman and CEO. As a consequence, it has appointed Gilles Schnepp as Chairman of the Board with immediate effect. Second, the Board has decided to appoint Veronique Penchienati-Bosetta, currently CEO International, and Shane Grant, currently CEO North America, to jointly lead the business while the search for a new CEO is underway. Veronique Penchienati-Bosetta, CEO, and Shane Grant, deputy CEO, will work together, with a focused attention on operational execution and delivery. The immediate priority of the new Chairman, together with the Board, will be to lead the transition, including the search for a new CEO. Danone has appointed an international search agency to support the process. Gilles Schnepp and the Governance Committeewill oversee the search to ensure that a world leading CEO is found. In his overall mission, Gilles Schnepp will be supported by the Executive VP Chairman's Office, Laurent Sacchi, the Chief Financial Officer, Juergen Esser and the full Executive Committee. The Board believes in the necessity of combining high economic performance and the respect of Danone's unique model of a purpose-driven company, built on the strength of its brands and enabled by the outstanding quality of its teams."
BEAM ALNY

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06:19 EDT Beam Therapeutics names Amy Simon, M.D., as Chief Medical Officer - Beam Therapeutics (BEAM) announced that drug development expert Amy Simon, M.D., has been appointed as the company's chief medical officer. Dr. Simon brings more than 20 years of clinical experience to Beam, serving in roles as a physician-scientist in academia and the biotechnology industry. Dr. Simon joins Beam from Alnylam Pharmaceuticals (ALNY), where she spent over a decade in various roles with increasing responsibility for the clinical development of RNAi-based medicines, most recently serving as vice president, clinical development.
UCL

Hot Stocks

06:18 EDT uCloudlink signs distribution contract with Shore-Access - uCloudlink has signed a distribution contract with Shore-Access, an international communication service provider based in the Philippines, to distribute its products and connectivity services in Philippines, Japan, Australia and Africa. The company said the alliance will increase uCloudlink's sales and distribution channels in these markets, while expanding its partner ecosystem and paving the way for limitless business opportunities. Shore Access is already a global distributor of uCloudlink's GlocalMe device, which offers mobile data solutions for international and domestic travelers. As part of the expanded partnership, Shore Access will also distribute uCloudlink's customer premises equipment router device and data connectivity services in the Philippines, Japan, Australia and Africa. Shore Access will also distribute uCloudlink's data connectivity services, which utilize uCloudlink's PaaS and SaaS platform to integrate and intelligently allocate resources of data service suppliers, terminal suppliers and application developers.
RACA

Hot Stocks

06:17 EDT POINT Biopharma to list on NASDAQ through merger with Research Alliance Corp. I - POINT Biopharma and Therapeutics Acquisition Corp., d/b/a Research Alliance Corp. I, announced they have entered into a definitive business combination agreement. Upon closing of the business combination, RACA will be renamed POINT Biopharma Global, and its common stock is expected to be listed on the Nasdaq Capital Market under the ticker symbol "PNT." A group of top-tier investors has committed to participate in the transaction through a common stock PIPE of approximately $165M at $10.00 per share. Investors in the PIPE include lead investor RA Capital Management, an affiliate of RACA's sponsor, as well as Johnson & Johnson Innovation - JJDC, Inc., Surveyor Capital, Farallon Capital Management, L.L.C., BVF Partners L.P., Boxer Capital, Sphera Healthcare, Woodline Partners LP, Suvretta Capital, Fairmount Funds, and Perceptive Advisors. Assuming no redemptions are exercised, the combined company is expected to receive net proceeds of approximately $300M at the closing of the transaction. The boards of directors of both POINT and Research Alliance Corp. I have approved the proposed transaction. POINT's management team will lead the Combined Company post-closing, and CEO Dr. Joe McCann will serve as the CEO of the combined company. David Lubner, one of the directors of RACA, will be joining the board of directors of the combined entity. The transaction is expected to be completed by mid-year 2021, and is subject to the fulfillment of customary closing conditions, as well as approval of both RACA's and POINT's shareholders. All of the shares of current POINT shareholders and all of the vested equity awards of holders will be converted into shares or equivalent awards of the combined company at an implied POINT equity value of $585M. Current RACA shareholders are converting their shares of Class A common stock into common stock of the combined company on a one for one basis. The combined company common stock is expected to trade on the Nasdaq Capital Market upon closing, under the ticker symbol "PNT." Assuming a share price of $10.00 per share, the combined company is expected to have an initial equity value of approximately $924M.
KBR

Hot Stocks

06:14 EDT KBR awarded $25M Australian Defence Force contract - KBR announced it has been awarded a $25M contract to perform sustainment services for the Australian Defence Force, or ADF, secure deployed networks, including Naval, Special Operations, Land and Coalition networks. These services include supply-chain management, identity and access management, and technical services to enable convergence of these networks. Under the terms of this contract, KBR will provide Information Communications Technology, or ICT, engineering and logistics support for the ADF Chief Information Officer Group, or CIOG, in Canberra, Sydney and Brisbane. This work is expected to be performed over three years, with KBR performing technical services to sustain and uplift these warfighter networks. This work represents a new business line for KBR within CIOG, working alongside a number of industry partners.
HOLI

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06:13 EDT Hollysys receives notice of legal action taken against Shao Baiqing, Ace Lead - The board of directors of Hollysys has referred to the announcement made by the company on February 1, whereby the board confirmed receipt of a revised unsolicited consortium proposal to acquire all the outstanding shares of Hollysys made by Shao Baiqing, Ace Lead Profits and CPE Funds Management. The revised proposal was exhibited to the Schedule 13D dated January 29 filed jointly by Shao and Ace Lead. It was stated in the amended Schedule 13D that Ace Lead is wholly owned and controlled by Shao and Shao may be deemed to be a beneficial owner of the shares of the company held by Ace Lead. The board has received notice from Hollysys Committee on Trust Interests that a legal action has been commenced in the Hong Kong High Court against Shao and Ace Lead on March 9. The board was notified that the committee was established in 2009 for the supervision of certain shares issued by the company held on trust by two vehicle companies for some eligible employees of the company's subsidiaries in China. It is claimed in the legal action that the entire issued shares of Ace Lead are held by Shao on trust for Changli Wang and that the entire lot of 4,144,223 shares of the company held by Ace Lead is held on trust for certain eligible employees of the company's subsidiaries in China. Wang was the CEO and director of the company until he retired in 2013. As there is a legal dispute in respect of the beneficial ownership of the company's shares held by Ace Lead and the beneficial ownership of the shares of Ace Lead held by Shao, the company will make the necessary enquiries. Pending resolution of the legal action, certain part of the information mentioned the revised proposal and the amended schedule 13D is yet to be ascertained. The board considers that the information in this announcement is price-sensitive. Investors and shareholders of the company should consider the revised proposal with caution. The Company shall make further announcement as and when it receives further material information which should be disclosed in the interest of the investors and shareholders of the company.
JG

Hot Stocks

06:12 EDT Aurora Mobile enters partnership agreement with Sharpening Technology - Aurora Mobile announced that it has entered into a partnership agreement with Sharpening Technology Limited, also known as BitDeer. Leveraging its artificial intelligence-based smart operation services, Aurora Mobile aims to help BitDeer develop the most reliable digital asset mining services.
TPC

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06:11 EDT Tutor Perini identified as low bidder for LAX Airport Metro Connector Project - Tutor Perini announced that the company has been identified by the Los Angeles County Metropolitan Transportation Authority as the low bidder for the LAX Airport Metro Connector Project. The anticipated contract value is approximately $478M. The project scope of work includes construction of a new major transit station hub connecting the Metro Crenshaw/LAX and Green rail lines and a number of bus routes with the LAX Automated People Mover. Work is anticipated to begin in the third quarter of 2021 with substantial completion expected in the first quarter of 2025. The company anticipates booking the contract value into backlog in the first quarter of 2021.
AUPH

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06:09 EDT Aurinia Pharma reports positive cost-effectiveness assessment of LUPKYNIS - Aurinia Pharmaceuticals announced a favorable assessment regarding the cost-effectiveness and value of LUPKYNIS based on an independent analysis issued by the Institute for Clinical and Economic Review in a revised Evidence Report issued on March 12. The report finds that LUPKYNIS represents an important new treatment option for patients living with lupus nephritis and at the estimated net price, determined the therapy to be priced in alignment with ICER's recommended health-benefit price benchmark ranges. LN is a serious progression of systemic lupus erythematosus that can lead to permanent and irreversible kidney damage, if poorly controlled. Medical expenses are four times higher for people with LN when compared to people with SLE alone and black people with SLE are four times more likely to develop the condition. The ICER report determined LUPKYNIS to be more cost-effective across several sub-groups of LN patient populations, including black patients, compared to the general population, which ICER notes could have the potential to reduce historic disparities. The ICER report also reiterated that voclosporin added to standard therapy nearly doubled the complete response and markedly increased the partial response of patients at one year compared with standard therapy alone. In the AURA-LV Phase 2 and AURORA Phase 3 clinical trials, when added to the standard of Care, LUPKYNIS nearly doubled the likelihood of achieving CR and reduced the median time to urine protein/creatinine ratio by 50%, when compared to treatment with the SoC alone.
FB

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06:07 EDT Mark Zuckerberg announces Facebook plan to help people get COVID-19 vaccines - Mark Zuckerberg, Facebook founder and CEO, announced that Facebook plans to help people get vaccinated against the COVID-19 virus. Zuckerberg said, "We've already connected over 2 billion people to authoritative Covid-19 information. Now that many countries are moving towards vaccinations for all adults, we're working on tools to make it easier for everyone to get vaccinated as well. First, we're launching a tool that shows you when and where you can get vaccinated and gives you a link to make an appointment. This will be in the Covid Information Center, which we'll show people right in their News Feed. We've already seen people use Facebook to find vaccination appointments, so this should enable millions more people to do the same.Second, we're bringing the Covid Information Center to Instagram, and we'll show it to people prominently there too. Third, we're working with health authorities and governments to expand their WhatsApp chatbots to help people register for vaccines. More than 3 billion messages related to Covid have already been sent by governments, non-profits and international organizations to citizens through official WhatsApp chatbots, so this update will help with the vaccination effort as well. The data shows the vaccines are safe and they work. They're our best hope for getting past this virus and getting back to normal life. I'm looking forward to getting mine, and I hope you are too. We've partnered with Boston Children's Hospital to offer a tool on Facebook in the US to help people identify places nearby to get the vaccine. The locations in this tool are provided by VaccineFinder and include hours of operation, contact info and links to make an appointment. You can access this tool in the COVID-19 Information Center and it will be supported in 71 different languages. We plan to expand to other countries as vaccines are available more widely... We're also making it easy to track how COVID-19 vaccine information is being spread on social media through CrowdTangle's COVID-19 Live Displays. Publishers, global aid organizations, journalists and others can access real-time, global streams of vaccine-related posts on Facebook, Instagram and Reddit in 34 languages. CrowdTangle also offers Live Displays for 104 countries and all 50 states in the US to help aid organizations and journalists track posts and trends at a regional level as well."
CTRE

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06:07 EDT CareTrust REIT raises quarterly dividend to 26.5c from 25c per share - The current dividend will be payable to common stockholders of record as of the close of business on March 31. The company confirmed that plans to pay the dividend on or about April 15.
RIDE

Hot Stocks

06:06 EDT Lordstown Motors says 'aware' of short-seller report, will respond in 'due time' - Lordstown Motors issued a statement in regards to a short-seller report written on Lordstown Motors by Hindenburg Research on March 12. The company is aware of the remarks made in the report and intends to respond as appropriate in due time. Lordstown Motors remains on track for start of production of its Lordstown Endurance all electric pickup truck in September 2021. This week, the company intends to elaborate on its progress towards start of production, including providing an update on beta vehicle production and other important business developments, on its inaugural earnings call. The call will be held on March 17th at 4:30pm ET.
OCUP

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06:03 EDT Ocuphire Pharma says MIRA-2 trial met its primary endpoint - Ocuphire Pharma announced positive top line results in the MIRA-2 Phase 3 registration trial investigating its product candidate Nyxol for reversal of pharmacologically induced mydriasis. Nyxol is a proprietary, preservative-free, stable, investigational eye drop formulation of phentolamine mesylate designed to reduce pupil size by inhibiting contraction of the iris dilator muscle. MIRA-2 was designed as a multi-center, randomized, double-masked, placebo-controlled, parallel, 24-hour Phase 3 trial that planned 168 healthy study participants, and ultimately enrolled 185 study participants. These topline results indicate that the MIRA-2 trial met its primary endpoint with 49% percent of subjects treated with Nyxol returning to less than or equal to 0.2 mm of their baseline pupil diameter at 90 minutes compared to 7% of subjects treated with placebo. The study population was comprised of subjects who had received one of three mydriatic agents in the modified Intent to Treat population. The three mydriatic agents used in this trial were phenylephrine 2.5%, tropicamide 1%, and Paremyd, which are all commonly used in optometry and ophthalmology offices to dilate patients' pupils for annual or special exams.
OPT

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05:46 EDT Opthea announces first patient treated in OPT-302 clinical program - Opthea announced that the first patient has been treated in the Phase 3 pivotal clinical program of the company's first-in-class VEGF-C/D 'trap' inhibitor, OPT-302, in participants with treatment-naive wet age-related macular degeneration, or AMD. The first patient was enrolled by Allen Hu, Cumberland Valley Retina Consultants, Hagerstown, Maryland. The initiation of the Phase 3 pivotal clinical program follows the reporting of positive outcomes from the Phase 2b clinical trial of OPT-302 in 366 patients with wet AMD. The results from the Phase 2b study demonstrated a statistically significant superior mean gain in visual acuity in patients treated with OPT-302 combination therapy compared to ranibizumab monotherapy at week 24. The ShORe and COAST Phase 3 trials build upon and maintain key features of the successful Phase 2b wet AMD clinical trial, whilst also evaluating the administration of OPT-302 in combination with ranibizumab and aflibercept over a longer treatment period and in a greater number of patients. Opthea anticipates reporting top-line data in 2023, with the company intending to submit biologics license and marketing authorization applications with the FDA and EMA respectively following completion of the 12-month primary efficacy phase of the trials.
BLUE

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05:43 EDT Bluebird Bio announces new data from livaldogene autotemcel gene therapy program - Bluebird Bio announced new data from the clinical development program for its investigational elivaldogene autotemcel gene therapy in patients with cerebral adrenoleukodystrophy, or CALD, including updated results from the pivotal Phase 2/3 Starbeam study (and the long-term follow-up study LTF-304, as well as safety outcomes from the Phase 3 ALD-104 study. Data were presented in an oral presentation duringtthe 47th Annual Meeting of the European Society for Blood and Marrow Transplantation , or EBMT 2021. The ALD-102 study has completed enrollment. All reported data below from ALD-102 are as of October 2020 and all reported data below from LTF-304 are as of November 2020. These data reflect a total population of 32 patients with a median follow-up time of 38.6 months. Of the 32 patients who have received eli-cel in ALD-102, 27 have completed the study and enrolled in a long-term follow-up study. Two additional patients continue to be followed in ALD-102 and have not reached 24 months post-treatment. As previously reported, two patients withdrew from the study at investigator discretion, and one experienced rapid disease progression early on-study resulting in MFDs and subsequent death. To date, 124 patient-years of follow-up have been collected for ALD-102 and LTF-304. The primary efficacy endpoint in the study is the proportion of patients who are alive and free of MFDs at Month 24. Of those patients who have reached Month 24, 90% have met the primary endpoint and continue to be alive and MFD-free at two years of follow-up. There is no evidence of MFDs through nearly seven years of follow-up in the 27 patients who completed ALD-102. Fourteen patients in LTF-304 have reached at least their Year 5 follow-up visit, including seven patients who have reached at least their Year 6 follow-up visit. The two patients from ALD-102 that have not reached Month 24 have also shown no evidence of MFDs. Data on several secondary and exploratory efficacy outcomes are reported, including changes in neurologic function score (NFS), a 25-point score used to evaluate the severity of gross neurologic dysfunction across 15 symptoms in six categories; resolution of gadolinium enhancement, or GdE, an indicator of active inflammation in the brain; and change in Loes score, an MRI measurement of white matter changes in CALD. Stable NFS at last assessment is defined as maintaining an NFS less than4 without an increase of greater than three points from baseline. Of the 32 patients treated, 31 had stable NFS at last available visit following treatment with eli-cel, and 23 patients maintained an NFS of 0. An NFS of 0 indicates that there is no observed impairment in the neurologic functions that are assessed on the 25-point scale. As of available last visit, 26 of 32 patients had stable Loes scores and 28 of 32 were GdE-negative. The primary safety endpoint is the proportion of patients who experience acute or chronic graft-versus-host disease, or GvHD, by Month 24. GvHD is a condition that may occur after an allogeneic hematopoietic stem cell transplant, where the donated cells view the recipient's body as foreign and attack the body. No events of acute or chronic GvHD have been reported post-eli-cel treatment. There have been no reports of graft failure or graft rejection. In addition, there have been no cases of replication competent lentivirus or insertional oncogenesis to date. The treatment regimen, comprising mobilization/apheresis, conditioning, and eli-cel infusion, had a safety and tolerability profile primarily reflective of the known effects of mobilization/apheresis and conditioning. In ALD-102, as previously reported, three adverse events were considered possibly related to drug product and include one serious AE, BK viral cystitis, and two non-serious AEs, vomiting. All three AEs resolved with standard measures. ALD-104 is a Phase 3 study assessing the efficacy and safety of eli-cel in patients with CALD after myeloablative conditioning using busulfan and fludarabine, a different chemotherapy conditioning regimen than what is used in ALD-102. The primary efficacy endpoint is the proportion of patients who are alive and free of MFDs at Month 24, and the primary safety endpoint is the proportion of patients with neutrophil engraftment after eli-cel infusion. All reported data below are as of October 2020. In ALD-104, the 19 patients currently treated with eli-cel have a median follow-up of 8.6 months to date. Due to the limited duration of follow-up, only safety data are being presented. Efficacy data will be presented in a future scientific forum when sufficient follow-up is reached. Seventeen of 19 evaluable patients achieved neutrophil engraftment and 15 of 19 evaluable patients had platelet engraftment. All patients with pending neutrophil or platelet engraftment had 35 or fewer days of follow-up. No events of acute or chronic GvHD have been reported and there have been no reports of graft failure, graft rejection, cases of insertional oncogenesis, or replication competent lentivirus. The treatment regimen, comprising mobilization/apheresis, conditioning, and eli-cel infusion had a safety and tolerability profile primarily reflective of the known effects of mobilization/apheresis and conditioning. As previously reported, two serious AEs of pancytopenia were considered possibly related to eli-cel. These two ongoing SAEs were diagnosed approximately two months post-eli-cel infusion and following NE in two patients. Both patients achieved PE and as of last visit were clinically stable. An additional previously reported SAE of transverse myelitis was ongoing as of the data cut. The SAE was diagnosed in the presence of viral infection (adenovirus and rhinovirus/enterovirus positivity) approximately six months after eli-cel infusion and assessed as unrelated to eli-cel. As of the data cut, the patient was partially responsive to steroids and plasmapheresis and was experiencing incontinence and ambulation issues.
HPR BCEI

Hot Stocks

05:30 EDT HighPoint Resources commences Chapter 11 proceedings - HighPoint Resources (HPR) announced that it has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to effectuate the previously announced prepackaged plan of reorganization and consummate the transactions pursuant to the agreement and plan of merger, dated as of November 9, 2020, by and among Bonanza Creek (BCEI), HighPoint and Boron Merger Sub. The Prepackaged Plan implements the merger and restructuring transactions contemplated under the Merger Agreement and TSA. The company said, "As previously announced, the conditions to Bonanza Creek's exchange offer for HighPoint Operating Corporation's 7.0% Senior Notes due October 15, 2022 (the "2022 Notes") and 8.75% Senior Notes due June 15, 2025 (the "2025 Notes" and, together with the 2022 Notes, the "HighPoint Senior Notes") were not satisfied at the expiration time of the exchange offer. However, in response to HighPoint's solicitation of votes from holders of the HighPoint Senior Notes to accept or reject the Prepackaged Plan, over 99% in aggregate principal amount of the HighPoint Senior Notes and over 90% of the holders of the HighPoint Senior Notes that voted on the Prepackaged Plan voted to accept the Prepackaged Plan. In response to HighPoint's solicitation of votes from its stockholders to accept or reject the Prepackaged Plan, over 99% of the HighPoint stock that was voted on the Prepackaged Plan voted to accept the Prepackaged Plan. In addition, at a special meeting of Bonanza Creek's stockholders, over 99% of the Bonanza Creek stock that was voted on the issuance of Bonanza Creek common stock in connection with the merger voted in favor of the issuance. The consummation of the Prepackaged Plan will be subject to confirmation by the Court in addition to other conditions set forth in the Prepackaged Plan, the Merger Agreement, the Transaction Support Agreement, dated as of November 9, 2020, by and among HighPoint, HighPoint Operating Corporation, Fifth Pocket Production, LLC, certain consenting holders of the 2022 Notes and 2025 Notes, and certain consenting HighPoint stockholders (the "TSA"), and related transaction documents." HighPoint has filed customary motions with the court seeking a variety of "first-day" relief, including authority to pay owner royalties, employee wages and benefits, and certain vendors and suppliers in the ordinary course for goods and services provided.
SJ

Hot Stocks

05:26 EDT Scienjoy announces promotional partnership with Great Wall Society of China - Scienjoy announced a partnership with the Great Wall Society of China, to promote the Great Wall, a Unesco World Heritage site, at home and abroad through cultural products, e-commerce sales, online and offline activities, co-branding and more. The Great Wall Society of China is the only national agency dedicated to the protection, promotion, maintenance and development of the cultural heritage site. The cooperation grants Scienjoy use of the Great Wall's intellectual property, or IP. Consumer goods featuring IP relating to this cultural heritage site will be promoted and sold on Scienjoy's e-commerce and live streaming platforms. The partnership with the Great Wall Society of China, specifically with the Great Wall IP cultural and creative work committee, follows the company's expansion into e-commerce. Scienjoy aims to combine live streaming entertainment and e-commerce to build a "full mobile live streaming ecosystem."
REGN SNY

Hot Stocks

05:24 EDT Regeneron, Sanofi announce Libtayo study to be stopped early due to OS benefit - Regeneron (REGN) and Sanofi (SNY) announced results demonstrating an overall survival, or OS, benefit from the Phase 3 trial investigating the PD-1 inhibitor Libtayo monotherapy compared to chemotherapy, in patients previously treated with chemotherapy whose cervical cancer is recurrent or metastatic. The trial will be stopped early based on a unanimous recommendation by the Independent Data Monitoring Committee, or IDMC, and the data will form the basis of regulatory submissions in 2021. This is the largest Phase 3 randomized clinical trial in advanced cervical cancer, and included women with either squamous cell carcinoma or adenocarcinoma. Patients were randomized to receive Libtayo monotherapy or an investigator's choice of commonly used chemotherapy. Compared to chemotherapy, patients receiving Libtayo experienced: 31% reduced risk of death, median 12 months survival for Libtayo compared to 8.5 months for chemotherapy, hazard ratio, or HR, of 0.69; 95% confidence interval, or CI, of 0.56-0.84. In squamous cell carcinoma there was 27% reduced risk of death, median 11.1 months survival for Libtayo compared to 8.8 months for chemotherapy; HR: 0.73; 95% CI: 0.58-0.91. In adenocarcinoma there was 44% reduced risk of death, median 13.3 months survival for Libtayo compared to seven months for chemotherapy; HR: 0.56; 95% CI: 0.36-0.85. The primary endpoint for the trial was OS, analyzed first among patients with squamous cell carcinoma, then in the total population. Per a protocol-specified interim analysis, the IDMC reviewed OS data when approximately 85% of events had occurred among patients with squamous cell carcinoma. Based on the highly significant effect on OS among these patients, the IDMC recommended stopping the trial. Detailed results will be presented at an upcoming medical meeting. The use of Libtayo in cervical cancer is investigational and has not been fully reviewed by any regulatory authority. No new Libtayo safety signals were observed. Safety was assessed in patients who received at least one dose of study treatment: 300 patients in the Libtayo group and 290 patients in the chemotherapy group. Adverse events, or AEs, were observed in 88% of Libtayo patients and 91% of chemotherapy patients, with serious AEs occurring in 30% of Libtayo patients and 27% of chemotherapy patients. The five most common AEs were anemia, nausea, fatigue, vomiting and constipation. Other AEs that occurred more often in the Libtayo group and in at least 10% of patients were fatigue, urinary tract infections, back pain and arthralgia. Discontinuations due to AEs occurred in 8% of Libtayo patients and 5% of chemotherapy patients.
CALT

Hot Stocks

05:15 EDT Calliditas Therapeutics announces submission of Nefecon NDA to FDA - Calliditas Therapeutics announced the submission of a new drug application, or NDA, to the FDA for Nefecon, a novel oral formulation targeting down regulation of IgA1 for the treatment of primary IgA Nephropathy, or IgAN. Calliditas is seeking accelerated approval under Subpart H for the 505 application. The NDA submission is based on data from Part A of the NefIgArd pivotal Phase 3 study, a randomized, double-blind, placebo-controlled, international multicenter study designed to evaluate the efficacy and safety of Nefecon compared to placebo in 200 adult patients with IgAN.
ESALY

Hot Stocks

05:12 EDT Eisai presents updated results of lecanemab study in early Alzheimer's disease - Eisai presented updated results from subjects who participated in the amyloid imaging sub studies in both the Core and the ongoing open-label extension of the Phase 2b study of lecanemab in early Alzheimer's disease. The results showed that the effects of lecanemab on reducing amyloid in the brain on average persist for at least two years following discontinuation of lecanemab dosing. In participants who were treated with placebo in the core study and started on 10 mg/kg biweekly lecanemab in the open label extension, showed rapid reduction in brain amyloid levels as early as three months of lecanemab treatment, with continued reduction over 12 months of treatment. Lecanemab, dosed at 10 mg/kg biweekly, was also shown to reduce brain amyloid to negative levels in more than 80% of patients who participated in the core and open-label extension study, as early as 12 months into treatment.
CEO

Hot Stocks

05:07 EDT Cnooc commences production at Caofeidian 6-4 oilfield in Bohai - Cnooc announced that Caofeidian 6-4 oilfield has commenced production. Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with average water depth of about 20 meters. In addition to fully utilizing the existing processing facilities of Nanpu 35-2 oilfield and Qinhuangdao 32-6 oilfield, the project has built a new central platform. A total of 42 development wells are planned, including 30 production wells, 12 water injection wells and water source wells. The project is expected to reach its peak production of approximately 15,000 barrels of crude oil per day in 2023. Guided by the vision of green development, Caofeidian 6-4 oilfield will actively promote green and low-carbon production. After putting into production, the project will achieve zero discharge of production and living sewage into the sea. With the introduction of onshore power engineering, it is estimated that about 16,000 tons of standard coal will be saved, and about 40,000 tons of carbon dioxide will be reduced annually.
NOK ORAN

Hot Stocks

05:05 EDT Nokia, Orange enter 5G network optimization deal - Nokia (NOK) announced it will expand its self-organizing networks, or SON, technology across 5G networks operated by Orange (ORAN). The deal will cover all of Orange's markets, starting with France and Spain. Nokia continues to offer widespread support for 2G, 3G and 4G spanning more than one million Orange radio cells in Europe, Middle East and Africa. Nokia SON operates on top of any vendor's radio technology, enabling Orange to optimize its live commercial networks regardless of who built them. Nokia said SON offers Orange the power to automate radio network configuration and optimization processes, as well as improve network performance and efficiency to support the increasing demands of 5G.